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.
2 permits on record since 2022 · Most recent: Aug 2022 (existres)
Owens Companies Inc
Regency Plumbing 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 2,794 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1123 JAMES AVE N MINNEAPOLIS MN 55411 | BOSCO BUILDING LLC | RESIDENTIAL | $223,000 | 42 ft |
| 1131 JAMES AVE N MINNEAPOLIS MN 55411 | M K TURNER & O L CROWELL | RESIDENTIAL | $315,000 | 42 ft |
| 1119 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 85 ft |
| 1135 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 105 ft |
| 1111 JAMES AVE N MINNEAPOLIS MN 55411 | CITY OF MPLS COMM PLAN/ECON | VACANT LAND-RESIDENTIAL | $0 | 137 ft |
| 1204 KNOX AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 142 ft |
| 1120 KNOX AVE N MINNEAPOLIS MN 55411 | ELOISE ARNOLD | RESIDENTIAL | $187,500 | 142 ft |
| 1201 JAMES AVE N MINNEAPOLIS MN 55411 | MARCO CANTOS & CELIA ZHININ | RESIDENTIAL | $159,300 | 147 ft |
| 1118 KNOX AVE N MINNEAPOLIS MN 55411 | R M Q LOJA & A L Q LOJA | RESIDENTIAL | $244,100 | 164 ft |
| 1130 JAMES AVE N MINNEAPOLIS MN 55411 | HUSSEIN AHMED | RESIDENTIAL | $371,000 | 166 ft |
Most Recent Sale
Current Tax Year