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.
1 permit on record since 2024 · Most recent: Jun 2024 (res)
Warners Stellian Co 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 2,814 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1027 JAMES AVE N MINNEAPOLIS MN 55411 | UNITED HMONG INVESTMENT LLC | RESIDENTIAL | $220,700 | 42 ft |
| 1021 JAMES AVE N MINNEAPOLIS MN 55411 | DULCE LUCERO SANCHEZ LOPEZ | RESIDENTIAL-TWO UNIT | $295,500 | 42 ft |
| 1029 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 85 ft |
| 1017 JAMES AVE N MINNEAPOLIS MN 55411 | JAMES SIMS & DEBORAH E SIMS | RESIDENTIAL-TWO UNIT | $361,700 | 85 ft |
| 1037 JAMES AVE N MINNEAPOLIS MN 55411 | A BUCKNER & D BUCKNER | RESIDENTIAL | $278,000 | 127 ft |
| 1028 KNOX AVE N MINNEAPOLIS MN 55411 | RYAN EVANS | TRIPLEX | $422,200 | 145 ft |
| 1013 JAMES AVE N MINNEAPOLIS MN 55411 | LINDA LEE STANIFER | RESIDENTIAL | $216,300 | 157 ft |
| 1030 KNOX AVE N MINNEAPOLIS MN 55411 | RYAN EVANS & TRAVIS GREEN | TRIPLEX | $422,200 | 162 ft |
| 1041 JAMES AVE N MINNEAPOLIS MN 55411 | AASIM F SHABAZZ | RESIDENTIAL-TWO UNIT | $329,700 | 170 ft |
| 1620 OAK PARK AVE N MINNEAPOLIS MN 55411 | METRO HOPE MINISTRIES INC | APARTMENT | $0 | 179 ft |
Most Recent Sale
Current Tax Year