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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2025 · $10K total declared value · Most recent: Jun 2025 (existres)
Sensible Heating and Air Conditioning LLC
WINDOW CONCEPTS OF MINNESOTA 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 1,282 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1627 THOMAS PL N MINNEAPOLIS MN 55411 | GREGORY WARNER JR | RESIDENTIAL-ZERO LOT LINE | $184,800 | 23 ft |
| 1621 THOMAS PL N MINNEAPOLIS MN 55411 | MARK C GRAVES | RESIDENTIAL | $233,500 | 34 ft |
| 1701 THOMAS PL N MINNEAPOLIS MN 55411 | CHERYL L BURTON | RESIDENTIAL-ZERO LOT LINE | $189,900 | 46 ft |
| 1703 THOMAS PL N MINNEAPOLIS MN 55411 | ERIC MAURICE JONES SR | RESIDENTIAL-ZERO LOT LINE | $249,000 | 69 ft |
| 1617 THOMAS PL N MINNEAPOLIS MN 55411 | RYAN J STENGLEIN | RESIDENTIAL-TWO UNIT | $393,700 | 78 ft |
| 1709 THOMAS PL N MINNEAPOLIS MN 55411 | NICOLE M HERRON | RESIDENTIAL | $227,200 | 117 ft |
| 1615 THOMAS PL N MINNEAPOLIS MN 55411 | ZION BAPTIST CHURCH | LAND-COMMERCIAL | $0 | 121 ft |
| 1618 THOMAS PL N MINNEAPOLIS MN 55411 | DEREK J TOMHAVE | TRIPLEX | $335,000 | 203 ft |
| 1700 THOMAS PL N MINNEAPOLIS MN 55411 | P MARZAHN/J MARZAHN ET AL | RESIDENTIAL-TWO UNIT | $355,100 | 205 ft |
| 1612 THOMAS PL N MINNEAPOLIS MN 55411 | SOGDIANA LLC | RESIDENTIAL | $167,000 | 213 ft |
Most Recent Sale
Current Tax Year