Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2017 · $264K total declared value · Most recent: May 2017 (res)
KB Mechanical Inc
KB Mechanical Inc
Stewart Plumbing Inc
PRESTIGE CONTRACTORS
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Willard - Hay · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 27
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,564 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1348 THOMAS AVE N MINNEAPOLIS MN 55411 | D N YANG & C F YANG | RESIDENTIAL | $267,100 | 52 ft |
| 1400 THOMAS AVE N MINNEAPOLIS MN 55411 | MARY JEAN MALLORY | RESIDENTIAL | $309,000 | 101 ft |
| 1340 THOMAS AVE N MINNEAPOLIS MN 55411 | ELLA M GRAVES | RESIDENTIAL | $281,000 | 115 ft |
| 1406 THOMAS AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 141 ft |
| 1349 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DANLEN PROPERTIES LLC | RESIDENTIAL | $142,500 | 142 ft |
| 1347 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DANLEN PROPERTIES LLC | RESIDENTIAL | $196,400 | 149 ft |
| 1345 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MELISSA L DIEKMANN | RESIDENTIAL | $297,000 | 166 ft |
| 1336 THOMAS AVE N MINNEAPOLIS MN 55411 | ELLA MAE GRAVES | RESIDENTIAL-TWO UNIT | $308,900 | 168 ft |
| 1401 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PA THAO & KOU HER | RESIDENTIAL | $264,000 | 174 ft |
| 1410 THOMAS AVE N MINNEAPOLIS MN 55411 | DEMETRE M MUHAMMAD | VACANT LAND-RESIDENTIAL | $16,000 | 183 ft |
Most Recent Sale
Current Tax Year