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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
7 permits on record since 2008 · $117K total declared value · Most recent: Mar 2021 (comnofdbv)
Peters Plumbing LLC
Peters Plumbing LLC
Total Air Inc
Peters Plumbing LLC
Total Air 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 2,782 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1012 NEWTON AVE N MINNEAPOLIS MN 55411 | YAHYA O BAMETREF | RESIDENTIAL | $220,200 | 42 ft |
| 1020 NEWTON AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $330,000 | 42 ft |
| 1028 NEWTON AVE N MINNEAPOLIS MN 55411 | MOHAMED SUFI & ANAB MOHAMED | RESIDENTIAL | $314,000 | 94 ft |
| 1010 NEWTON AVE N MINNEAPOLIS MN 55411 | ROSA GUAMAN | RESIDENTIAL | $223,000 | 95 ft |
| 1023 MORGAN AVE N MINNEAPOLIS MN 55411 | M M MAYLLAZHUNGO/M O C NAULA | RESIDENTIAL | $212,000 | 140 ft |
| 1021 MORGAN AVE N MINNEAPOLIS MN 55411 | ANGELICA M B MATA | RESIDENTIAL | $218,000 | 140 ft |
| 1009 MORGAN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 156 ft |
| 1102 NEWTON AVE N MINNEAPOLIS MN 55411 | MICHAEL DUPREE MARTIN | RESIDENTIAL | $311,000 | 158 ft |
| 1000 NEWTON AVE N MINNEAPOLIS MN 55411 | VICTORSEN LIVING TRUST | APARTMENT | $576,000 | 158 ft |
| 1027 MORGAN AVE N MINNEAPOLIS MN 55411 | NORTH SIDE COMMUNITY L P | LOW INCOME RENTAL | $986,000 | 162 ft |
Most Recent Sale
Current Tax Year