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.
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 5,416 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1413 8TH AVE N MINNEAPOLIS MN 55411 | PLAZA I INC | VACANT LAND-RESIDENTIAL | $20,000 | 69 ft |
| 1401 8TH AVE N MINNEAPOLIS MN 55411 | PLAZA I INC | VACANT LAND-RESIDENTIAL | $20,000 | 70 ft |
| 1419 8TH AVE N MINNEAPOLIS MN 55411 | PLAZA I INC | VACANT LAND-RESIDENTIAL | $20,000 | 138 ft |
| 701 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | MPLS GLENWOOD UNIT JEHOVAHS | COMMERCIAL-PREFERRED | $0 | 189 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 192 ft |
| 1427 8TH AVE N MINNEAPOLIS MN 55411 | PLAZA I INC | VACANT LAND-RESIDENTIAL | $22,000 | 213 ft |
| 632 ELWOOD AVE N MINNEAPOLIS MN 55411 | PAUL PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $302,600 | 220 ft |
| 636 ELWOOD AVE N MINNEAPOLIS MN 55411 | M A & G D BELL | RESIDENTIAL | $308,000 | 250 ft |
| 1424 8TH AVE N MINNEAPOLIS MN 55411 | ISAIAH M MBWIKA | RESIDENTIAL-TWO UNIT | $352,200 | 266 ft |
| 815 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | D R WELLS SR & T L WELLS | RESIDENTIAL | $223,800 | 293 ft |
Most Recent Sale
Current Tax Year