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 ↗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 ↗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.
6 permits on record since 2017 · $13K total declared value · Most recent: Jan 2024 (misc)
ASHTON MCGEE RESTORATION GROUP LLC
ASHTON MCGEE RESTORATION GROUP LLC
ATLAS REAL ESTATE DEVELOPMENT INC
MR. MAISON PLUMBING AND DRAIN LLC
CENTERPOINT ENERGY
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 32
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density residential
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 4,246 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1233 RUSSELL AVE N MINNEAPOLIS MN 55411 | L D BURGESS & R BURGESS | RESIDENTIAL | $324,900 | 57 ft |
| 1243 RUSSELL AVE N MINNEAPOLIS MN 55411 | G A & M B CLARK | RESIDENTIAL | $289,100 | 58 ft |
| 1247 RUSSELL AVE N MINNEAPOLIS MN 55411 | ASHLEY S DUBOSE | RESIDENTIAL | $392,400 | 108 ft |
| 1227 RUSSELL AVE N MINNEAPOLIS MN 55411 | LARA M & E J DIETRICH | RESIDENTIAL | $316,200 | 112 ft |
| 1226 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KEVIN ALTES | RESIDENTIAL | $375,000 | 142 ft |
| 1251 RUSSELL AVE N MINNEAPOLIS MN 55411 | VIRGINIA M RICE | RESIDENTIAL | $173,000 | 150 ft |
| 1234 SHERIDAN AVE N MINNEAPOLIS MN 55411 | FRANK L JACKSON JR | RESIDENTIAL | $281,800 | 153 ft |
| 1220 SHERIDAN AVE N MINNEAPOLIS MN 55411 | R M NIXON & P D NIXON | RESIDENTIAL | $243,600 | 159 ft |
| 1221 RUSSELL AVE N MINNEAPOLIS MN 55411 | FRED H OLSON III TRUST | RESIDENTIAL | $240,100 | 166 ft |
| 1238 SHERIDAN AVE N MINNEAPOLIS MN 55411 | F JACKSON & W JACKSON | RESIDENTIAL-TWO UNIT | $337,300 | 186 ft |
Current Tax Year