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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
No permits found in Minneapolis open data for this parcel.
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 2,812 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1028 KNOX AVE N MINNEAPOLIS MN 55411 | RYAN EVANS | TRIPLEX | $422,200 | 42 ft |
| 1032 KNOX AVE N MINNEAPOLIS MN 55411 | E E EIFFLER & Y ROTH | TRIPLEX | $422,200 | 42 ft |
| 1034 KNOX AVE N MINNEAPOLIS MN 55411 | CABDIRASHIID AADAM | RESIDENTIAL | $256,000 | 85 ft |
| 1038 KNOX AVE N MINNEAPOLIS MN 55411 | RAYMOND SMITH | RESIDENTIAL | $200,200 | 127 ft |
| 1029 JAMES AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 138 ft |
| 1037 JAMES AVE N MINNEAPOLIS MN 55411 | A BUCKNER & D BUCKNER | RESIDENTIAL | $278,000 | 145 ft |
| 1027 JAMES AVE N MINNEAPOLIS MN 55411 | UNITED HMONG INVESTMENT LLC | RESIDENTIAL | $220,700 | 145 ft |
| 1041 JAMES AVE N MINNEAPOLIS MN 55411 | AASIM F SHABAZZ | RESIDENTIAL-TWO UNIT | $329,700 | 162 ft |
| 1025 JAMES AVE N MINNEAPOLIS MN 55411 | MEGAN GRUBB & TYLER GRUBB | RESIDENTIAL-TWO UNIT | $250,900 | 162 ft |
| 1019 KNOX AVE N MINNEAPOLIS MN 55411 | VALERIE JEAN WATSON | RESIDENTIAL-TWO UNIT | $275,000 | 187 ft |
Most Recent Sale
Current Tax Year