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 · $42K total declared value · Most recent: Jun 2024 (remodel)
BRS Field Ops, LLC
Innovative Basement Authority
Hero Home Services LLC
Neighborly Property Group LLC
Hero Home Services LLC
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 3,245 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1215 RUSSELL AVE N MINNEAPOLIS MN 55411 | BRIAN B REICHOW | RESIDENTIAL | $367,100 | 52 ft |
| 1205 RUSSELL AVE N MINNEAPOLIS MN 55411 | JOHN & ELIZABETH MELCHER | RESIDENTIAL | $411,000 | 69 ft |
| 1221 RUSSELL AVE N MINNEAPOLIS MN 55411 | FRED H OLSON III TRUST | RESIDENTIAL | $240,100 | 107 ft |
| 2420 12TH AVE N MINNEAPOLIS MN 55411 | DAVID RONALD HILL | RESIDENTIAL | $254,700 | 146 ft |
| 1206 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JACQUES BEECH | RESIDENTIAL | $279,000 | 147 ft |
| 1227 RUSSELL AVE N MINNEAPOLIS MN 55411 | LARA M & E J DIETRICH | RESIDENTIAL | $316,200 | 161 ft |
| 1210 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KERRY SULLIVAN | RESIDENTIAL | $400,000 | 165 ft |
| 1218 RUSSELL AVE N MINNEAPOLIS MN 55411 | STEFAN M BERGERON ET AL | RESIDENTIAL | $440,000 | 185 ft |
| 1212 RUSSELL AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 186 ft |
| 1224 RUSSELL AVE N MINNEAPOLIS MN 55411 | MARY CATHERINE ETZIONI | RESIDENTIAL | $406,400 | 201 ft |
Most Recent Sale
Current Tax Year