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 ↗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.
3 permits on record since 2018 · $8K total declared value · Most recent: Jul 2025 (misc)
Innovative Basement Authority
DESIGNCRAFT CONSTRUCTION INC
CenterPoint Energy Resource Corp
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 4,626 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 715 LOGAN AVE N MINNEAPOLIS MN 55411 | REALTY PROS LLC | RESIDENTIAL | $270,900 | 94 ft |
| 1800 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | LACRECHE EARLY CHILDHOOD CTR | COMMERCIAL-PREFERRED | $0 | 126 ft |
| 706 MORGAN AVE N MINNEAPOLIS MN 55411 | NEW OIL CHRISTIAN CENTER | RESIDENTIAL | $0 | 139 ft |
| 700 MORGAN AVE N MINNEAPOLIS MN 55411 | AKY GROUP LLC | RESIDENTIAL | $335,800 | 143 ft |
| 710 MORGAN AVE N MINNEAPOLIS MN 55411 | HENNEPIN FORFEITED LAND | RESIDENTIAL-TWO UNIT | $342,800 | 148 ft |
| 1714 THOMAS PL N MINNEAPOLIS MN 55411 | LOREAN PATTERSON | RESIDENTIAL | $276,200 | 160 ft |
| 624 MORGAN AVE N MINNEAPOLIS MN 55411 | STEVE FONG VANG | RESIDENTIAL | $273,000 | 168 ft |
| 714 MORGAN AVE N MINNEAPOLIS MN 55411 | M Z BONETE & J YAURINCELA | RESIDENTIAL | $308,000 | 168 ft |
| 723 LOGAN AVE N MINNEAPOLIS MN 55411 | CHERYL L WILLIAMS | RESIDENTIAL | $178,700 | 178 ft |
| 718 MORGAN AVE N MINNEAPOLIS MN 55411 | RICKY C PRUITT | RESIDENTIAL-TWO UNIT | $314,700 | 194 ft |
Most Recent Sale
Current Tax Year