Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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.
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 1005
Zip code 55418
Source: Redfin Data Center (Invalid Date) · Zip 55418
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 4,001 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2623 3RD ST N E MINNEAPOLIS MN 55418 | NSANYUY JOGWUIA | RESIDENTIAL | $276,400 | 43 ft |
| 2615 3RD ST N E MINNEAPOLIS MN 55418 | ELIZABETH RANUM ET AL | RESIDENTIAL | $253,500 | 44 ft |
| 2611 3RD ST N E MINNEAPOLIS MN 55418 | J E & C A SROKA JT REV TR | RESIDENTIAL | $295,700 | 88 ft |
| 2607 3RD ST N E MINNEAPOLIS MN 55418 | D HINRICHS/D PRICE-HINRICHS | RESIDENTIAL | $369,300 | 132 ft |
| 2618 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | SOPHIA C BURKE | RESIDENTIAL-TWO UNIT | $291,100 | 171 ft |
| 2622 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | R J HOGAN & R E PETERSON | RESIDENTIAL | $270,600 | 176 ft |
| 2601 3RD ST N E MINNEAPOLIS MN 55418 | J LAMBERT & I LARSON | RESIDENTIAL | $257,700 | 176 ft |
| 2614 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | NICHOLAS BOLECHOWSKI | TRIPLEX | $478,100 | 177 ft |
| 2610 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | SHELLEY M TANG TRUST | RESIDENTIAL | $196,000 | 193 ft |
| 2606 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | ROLAND J GERKEN JR | RESIDENTIAL-TWO UNIT | $273,000 | 217 ft |
Most Recent Sale
Current Tax Year