In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2017 · $23K total declared value · Most recent: Apr 2025 (misc)
Neighborly Property Group LLC
TEAM MECHANICAL INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Holland · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1018
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 3,507 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 612 20TH AVE N E MINNEAPOLIS MN 55418 | RYAN REILLY & RACHEL WHITE | RESIDENTIAL | $221,600 | 45 ft |
| 604 20TH AVE N E MINNEAPOLIS MN 55418 | ZACHARY STEHLIN/EMILY HEINEN | RESIDENTIAL | $289,100 | 45 ft |
| 614 20TH AVE N E MINNEAPOLIS MN 55418 | TROY J AZZIVITTO | RESIDENTIAL | $124,000 | 75 ft |
| 1919 6TH ST N E MINNEAPOLIS MN 55418 | TYLER SCANLAN | RESIDENTIAL | $343,000 | 77 ft |
| 600 20TH AVE N E MINNEAPOLIS MN 55418 | JAMES M CARLISLE | RESIDENTIAL-TWO UNIT | $389,600 | 82 ft |
| 618 20TH AVE N E MINNEAPOLIS MN 55418 | DARCY SHERMAN | RESIDENTIAL | $241,900 | 105 ft |
| 1915 6TH ST N E MINNEAPOLIS MN 55418 | BENJAMIN E FARSTAD | RESIDENTIAL-TWO UNIT | $329,100 | 112 ft |
| 620 20TH AVE N E MINNEAPOLIS MN 55418 | CHRISTOPHER L COMPTON | RESIDENTIAL | $287,000 | 135 ft |
| 1911 6TH ST N E MINNEAPOLIS MN 55418 | MATTHEW MAYOTTE | RESIDENTIAL-TWO UNIT | $264,400 | 149 ft |
| 2003 6TH ST N E MINNEAPOLIS MN 55418 | GENEVIEVE M NIZNIK | RESIDENTIAL | $355,200 | 157 ft |
Most Recent Sale
Current Tax Year