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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
3 permits on record since 2004 · $1.3M total declared value · Most recent: Apr 2019 (roofwind)
QUALITY TRUSTED COMMERCIAL CONSTRUCTION AND ROOFIN
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 9,376 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1240 THOMAS AVE N MINNEAPOLIS MN 55411 | HOMEWOOD LTD PARTNERSHIP | APARTMENT | $1,526,000 | 135 ft |
| 2506 FARWELL PL MINNEAPOLIS MN 55411 | JOSIAH JACKSON ET AL | RESIDENTIAL | $280,300 | 137 ft |
| 2502 FARWELL PL MINNEAPOLIS MN 55411 | M A BRADWAY & R M BRADWAY | RESIDENTIAL | $534,000 | 137 ft |
| 2512 FARWELL PL MINNEAPOLIS MN 55411 | NOAH J/ONNA MORRISON | RESIDENTIAL | $315,000 | 167 ft |
| 1238 SHERIDAN AVE N MINNEAPOLIS MN 55411 | F JACKSON & W JACKSON | RESIDENTIAL-TWO UNIT | $337,300 | 194 ft |
| 2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | MNA RENTALS I LLC | CONDOMINIUM | $71,500 | 194 ft |
| 2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | MNA RENTALS I LLC | CONDOMINIUM | $83,600 | 194 ft |
| 2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | MNA RENTALS I LLC | CONDOMINIUM | $102,300 | 194 ft |
| 2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | MNA RENTALS I LLC | CONDOMINIUM | $102,300 | 194 ft |
| 2419 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | MNA RENTALS I LLC | CONDOMINIUM | $103,400 | 194 ft |
Most Recent Sale
Current Tax Year