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.
4 permits on record since 2006 · $208K total declared value · Most recent: Mar 2024 (roofwind)
SCHERER BROTHERS LUMBER CO
Corporate Mechanical Inc
HOME MATTERS CONSTRUCTION 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1615 THOMAS PL N MINNEAPOLIS MN 55411 | ZION BAPTIST CHURCH | LAND-COMMERCIAL | $0 | 114 ft |
| 1617 THOMAS PL N MINNEAPOLIS MN 55411 | RYAN J STENGLEIN | RESIDENTIAL-TWO UNIT | $393,700 | 152 ft |
| 620 ELWOOD AVE N MINNEAPOLIS MN 55411 | CITY OF MPLS BARNES PARK | VACANT LAND-RESIDENTIAL | $0 | 171 ft |
| 1621 THOMAS PL N MINNEAPOLIS MN 55411 | MARK C GRAVES | RESIDENTIAL | $233,500 | 195 ft |
| 1625 THOMAS PL N MINNEAPOLIS MN 55411 | GREGORY JOSEPH WARNER JR | RESIDENTIAL-ZERO LOT LINE | $185,200 | 229 ft |
| 701 ELWOOD AVE N MINNEAPOLIS MN 55411 | ZION BAPTIST CHURCH | RESIDENTIAL-TWO UNIT | $259,500 | 244 ft |
| 1627 THOMAS PL N MINNEAPOLIS MN 55411 | GREGORY WARNER JR | RESIDENTIAL-ZERO LOT LINE | $184,800 | 252 ft |
| 1606 THOMAS PL N MINNEAPOLIS MN 55411 | M J HARGUTH & C HARGUTH | RESIDENTIAL | $185,800 | 261 ft |
| 1701 THOMAS PL N MINNEAPOLIS MN 55411 | CHERYL L BURTON | RESIDENTIAL-ZERO LOT LINE | $189,900 | 275 ft |
| 624 JAMES AVE N MINNEAPOLIS MN 55411 | SHARON & CHRISTOPHER BORN TR | RESIDENTIAL-TWO UNIT | $320,000 | 278 ft |
Current Tax Year