Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2020 · $3K total declared value · Most recent: Jun 2020 (misc)
PELLA NORTHLAND
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Columbia Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1005
Zip code 55418
Source: Redfin Data Center (Invalid Date) · Zip 55418
Urban Neighborhood 1 — low-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 sfr / adu benchmarks for 4,541 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3636 2 1/2 ST N E MINNEAPOLIS MN 55418 | ROSA MARCATOMA | RESIDENTIAL | $287,900 | 54 ft |
| 3626 2 1/2 ST N E MINNEAPOLIS MN 55418 | B J SCHAFFNER & M SCHAFFNER | RESIDENTIAL | $396,900 | 70 ft |
| 3640 2 1/2 ST N E MINNEAPOLIS MN 55418 | BEVERLEE M DAMYANOVICH | RESIDENTIAL | $311,600 | 100 ft |
| 3618 2 1/2 ST N E MINNEAPOLIS MN 55418 | RACHAEL SPRINGMAN | RESIDENTIAL | $191,000 | 130 ft |
| 3631 2ND ST N E MINNEAPOLIS MN 55418 | NOAH D SMITH | RESIDENTIAL | $305,200 | 143 ft |
| 3635 2ND ST N E MINNEAPOLIS MN 55418 | COLLEEN LAMB | RESIDENTIAL | $313,300 | 146 ft |
| 3646 2 1/2 ST N E MINNEAPOLIS MN 55418 | NICOLA A ALEXANDER | RESIDENTIAL | $294,200 | 147 ft |
| 3627 2ND ST N E MINNEAPOLIS MN 55418 | TERRY J BUSH | RESIDENTIAL | $272,000 | 155 ft |
| 3639 2ND ST N E MINNEAPOLIS MN 55418 | DAVID D FREEMAN | RESIDENTIAL | $303,000 | 159 ft |
| 3614 2 1/2 ST N E MINNEAPOLIS MN 55418 | MEGAN MCGARVEY | RESIDENTIAL | $403,000 | 170 ft |
Current Tax Year