Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2006 · $331K total declared value · Most recent: May 2025 (existres)
Standard Heating and Air Conditioning Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1034
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 2,514 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1206 10TH AVE N MINNEAPOLIS MN 55411 | ALEMNESH BIRU | RESIDENTIAL | $317,000 | 43 ft |
| 1202 10TH AVE N MINNEAPOLIS MN 55411 | JANA N NEAL | RESIDENTIAL | $334,000 | 43 ft |
| 1208 10TH AVE N MINNEAPOLIS MN 55411 | PANAGIOTES NELSON-NIKOLAIDES | RESIDENTIAL | $369,000 | 86 ft |
| 1200 10TH AVE N MINNEAPOLIS MN 55411 | O B MOHAMED & A F YUSSUF | RESIDENTIAL | $367,000 | 86 ft |
| 1210 10TH AVE N MINNEAPOLIS MN 55411 | PREMIER FIN/REAL ESTATE INC | VACANT LAND-RESIDENTIAL | $22,000 | 130 ft |
| 1205 11TH AVE N MINNEAPOLIS MN 55411 | BRUCE S SMITH | RESIDENTIAL | $365,000 | 132 ft |
| 1207 11TH AVE N MINNEAPOLIS MN 55411 | REGINALD CHAPMAN | RESIDENTIAL | $331,000 | 138 ft |
| 1203 11TH AVE N MINNEAPOLIS MN 55411 | K MIXAB & P PHENGKHAMHACK | RESIDENTIAL | $395,300 | 140 ft |
| 1209 11TH AVE N MINNEAPOLIS MN 55411 | THAI XIONG & BAO YANG XIONG | RESIDENTIAL | $329,000 | 157 ft |
| 1201 11TH AVE N MINNEAPOLIS MN 55411 | H ANDRADE & R M ANDRADE | RESIDENTIAL | $409,200 | 158 ft |
Most Recent Sale
Current Tax Year