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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2020 · $275K total declared value · Most recent: Aug 2021 (newres)
Central Heating & Cooling LLC
Ike's Plumbing & Drain Cleaning Inc
KAB Plumbing LLC
WESTAR HOMES 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 33
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 2,806 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| MN | Unknown | — | — | 0 ft |
| 1222 JAMES AVE N MINNEAPOLIS MN 55411 | SPOLINSKY D JACOX | RESIDENTIAL | $360,000 | 42 ft |
| 1210 JAMES AVE N MINNEAPOLIS MN 55411 | E E MILTON JR AND O M MILTON | RESIDENTIAL | $156,700 | 63 ft |
| 1206 JAMES AVE N MINNEAPOLIS MN 55411 | NORTHSIDE RES REDEV/CO-OP | RESIDENTIAL | $232,100 | 127 ft |
| 1219 IRVING AVE N MINNEAPOLIS MN 55411 | JOSLYN WILSON & LASHELL KEYS | RESIDENTIAL | $319,000 | 138 ft |
| 1221 IRVING AVE N MINNEAPOLIS MN 55411 | NANCY A LUIS AGUILAR | RESIDENTIAL | $275,000 | 144 ft |
| 1215 IRVING AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $276,000 | 145 ft |
| 1211 IRVING AVE N MINNEAPOLIS MN 55411 | SEC OF VETERANS AFFAIRS | RESIDENTIAL | $229,000 | 162 ft |
| 1227 IRVING AVE N MINNEAPOLIS MN 55411 | BRENT J ADAMS TRUST | LOW INCOME RENTAL | $283,100 | 162 ft |
| 1202 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 169 ft |
Most Recent Sale
Current Tax Year