Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗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 ↗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.
7 permits on record since 2020 · $19K total declared value · Most recent: Apr 2021 (res)
United States Mechanical Inc
Total Air Inc
Prchal Design & Build LLC
THE HOME DEPOT
THE HOME DEPOT
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 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 small multifamily (2–4 units, wood frame) benchmarks for 1,981 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 42 26TH AVE N E MINNEAPOLIS MN 55418 | A BETTIN & G BETTIN | RESIDENTIAL | $247,900 | 45 ft |
| 38 26TH AVE N E MINNEAPOLIS MN 55418 | N D GOIKE & M A GOIKE | RESIDENTIAL | $281,500 | 89 ft |
| 2520 GRAND ST N E MINNEAPOLIS MN 55418 | EX RAY PROPERTIES LLC | LAND - INDUSTRIAL | $30,100 | 92 ft |
| 2550 GRAND ST N E MINNEAPOLIS MN 55418 | ALEXANDER M WARDEN | RESIDENTIAL | $257,000 | 95 ft |
| 2548 GRAND ST N E MINNEAPOLIS MN 55418 | R J DOSCH & A D BROWN | RESIDENTIAL | $212,000 | 101 ft |
| 2542 GRAND ST N E MINNEAPOLIS MN 55418 | EX RAY PROPERTIES LLC | INDUSTRIAL-PREFERRED | $437,000 | 113 ft |
| 2601 RANDOLPH ST N E MINNEAPOLIS MN 55418 | AGNES CHIK-FUFA | LOW INCOME RENTAL | $351,600 | 134 ft |
| 32 26TH AVE N E MINNEAPOLIS MN 55418 | E ZAWADZKI & B KINDERMAN | RESIDENTIAL | $386,000 | 134 ft |
| 2600 GRAND ST N E MINNEAPOLIS MN 55418 | KIMBERLY A HERNANDEZ | RESIDENTIAL | $323,000 | 159 ft |
| 2521 MARSHALL ST N E MINNEAPOLIS MN 55418 | EX RAY PROPERTIES LLC | LAND - INDUSTRIAL | $35,200 | 159 ft |
Most Recent Sale
Current Tax Year