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 2022 · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
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 2,618 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3550 2ND ST N E MINNEAPOLIS MN 55418 | H HANSEN & J CLAUSEN | RESIDENTIAL | $259,000 | 40 ft |
| 3542 2ND ST N E MINNEAPOLIS MN 55418 | JON E PERKO | RESIDENTIAL | $248,000 | 40 ft |
| 3554 2ND ST N E MINNEAPOLIS MN 55418 | JACQUELINE R MAKI | RESIDENTIAL | $248,000 | 80 ft |
| 3538 2ND ST N E MINNEAPOLIS MN 55418 | A C DELEG & M D PUCHA | RESIDENTIAL | $218,000 | 80 ft |
| 3558 2ND ST N E MINNEAPOLIS MN 55418 | K A HOWARD & A FERRELL | RESIDENTIAL | $256,000 | 120 ft |
| 3534 2ND ST N E MINNEAPOLIS MN 55418 | MARIA I GARCIA GARCIA | RESIDENTIAL | $299,000 | 120 ft |
| 3547 MAIN ST N E MINNEAPOLIS MN 55418 | CHAD SCHEITEL | TRIPLEX | $401,900 | 143 ft |
| 3551 MAIN ST N E MINNEAPOLIS MN 55418 | D KUHFUSS/J KUHFUSS | RESIDENTIAL | $282,400 | 147 ft |
| 3530 2ND ST N E MINNEAPOLIS MN 55418 | AARON BRESINA | RESIDENTIAL | $260,000 | 160 ft |
| 3555 MAIN ST N E MINNEAPOLIS MN 55418 | OAK RIVER PROPERTIES LLC | RESIDENTIAL | $383,000 | 162 ft |
Most Recent Sale
Current Tax Year