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 2022 · $14K total declared value · Most recent: Aug 2025 (misc)
Lenz Construction
HomeWorks Services LLC
HomeWorks Services LLC
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 2,793 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 719 NEWTON AVE N MINNEAPOLIS MN 55411 | L L WEATHERS & D M WEATHERS | RESIDENTIAL | $184,400 | 42 ft |
| 711 NEWTON AVE N MINNEAPOLIS MN 55411 | ANDREW GOKE | VACANT LAND-RESIDENTIAL | $17,000 | 42 ft |
| 723 NEWTON AVE N MINNEAPOLIS MN 55411 | R L C TYLER & Z S WILLIAMS | RESIDENTIAL | $173,500 | 84 ft |
| 707 NEWTON AVE N MINNEAPOLIS MN 55411 | JEWUAN MARSHALL | RESIDENTIAL | $259,000 | 84 ft |
| 727 NEWTON AVE N MINNEAPOLIS MN 55411 | DIEGO A MOLINA | RESIDENTIAL | $156,600 | 126 ft |
| 701 NEWTON AVE N MINNEAPOLIS MN 55411 | LALEE SASHI INARA | RESIDENTIAL | $141,300 | 126 ft |
| 714 OLIVER AVE N MINNEAPOLIS MN 55411 | J L HEATH & S L JOHNSON | RESIDENTIAL | $220,800 | 139 ft |
| 710 OLIVER AVE N MINNEAPOLIS MN 55411 | TAMARA & GARY GILMER | RESIDENTIAL | $158,000 | 145 ft |
| 718 OLIVER AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 145 ft |
| 722 OLIVER AVE N MINNEAPOLIS MN 55411 | JORDAN BARNETTE | RESIDENTIAL | $170,800 | 162 ft |
Most Recent Sale
Current Tax Year