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.
10 permits on record since 2020 · $76K total declared value · Most recent: Nov 2023 (misc)
PURPOSE DRIVEN RESTORATION
PURPOSE DRIVEN RESTORATION
Thelen Mechanical LLC
Thelen Mechanical LLC
PURPOSE DRIVEN RESTORATION
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 2,676 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 626 THOMAS AVE N MINNEAPOLIS MN 55411 | CAREY MOHAN | RESIDENTIAL | $172,200 | 40 ft |
| 618 THOMAS AVE N MINNEAPOLIS MN 55411 | DAVID RINGGOLD | RESIDENTIAL | $212,600 | 60 ft |
| 700 THOMAS AVE N MINNEAPOLIS MN 55411 | SABA PROPERTIES LLC | RESIDENTIAL | $172,200 | 80 ft |
| 706 THOMAS AVE N MINNEAPOLIS MN 55411 | RASHAUNA LEA KLUGMAN | RESIDENTIAL | $191,700 | 120 ft |
| 625 SHERIDAN AVE N MINNEAPOLIS MN 55411 | HUDA SHEIK | RESIDENTIAL | $201,200 | 142 ft |
| 621 SHERIDAN AVE N MINNEAPOLIS MN 55411 | B EWING-MCKINNEY ETAL | RESIDENTIAL | $267,700 | 144 ft |
| 701 SHERIDAN AVE N MINNEAPOLIS MN 55411 | SABA PROPERTIES LLC | RESIDENTIAL | $201,000 | 159 ft |
| 615 SHERIDAN AVE N MINNEAPOLIS MN 55411 | TAYLOR SCHNEIDER | RESIDENTIAL | $224,500 | 162 ft |
| 710 THOMAS AVE N MINNEAPOLIS MN 55411 | DAVID W MUNK | RESIDENTIAL | $373,300 | 164 ft |
| 705 SHERIDAN AVE N MINNEAPOLIS MN 55411 | GERALD BOONE TRUSTEE | RESIDENTIAL-TWO UNIT | $239,500 | 185 ft |
Most Recent Sale
Current Tax Year