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.
5 permits on record since 2019 · $5K total declared value · Most recent: Feb 2024 (res)
ECOWATER
Owens Companies Inc
Elias Plumbing LLC
Elias Plumbing LLC
STANDARD WATER CONTROL SYSTEMS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1021
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 1,583 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2320 FREMONT AVE N MINNEAPOLIS MN 55411 | ASHRAF LLC | RESIDENTIAL | $104,000 | 81 ft |
| 2326 FREMONT AVE N MINNEAPOLIS MN 55411 | KHANG LEE & SHENG VANG | RESIDENTIAL | $272,000 | 82 ft |
| 2316 FREMONT AVE N MINNEAPOLIS MN 55411 | JOSEPH JACKSON | LOW INCOME RENTAL | $321,900 | 93 ft |
| 2323 EMERSON AVE N MINNEAPOLIS MN 55411 | NORTHEAST MPLS PROPS LLC | VACANT LAND-APARTMENT | $103,300 | 114 ft |
| 2319 EMERSON AVE N MINNEAPOLIS MN 55411 | JONATHAN PAUL NOLD | RESIDENTIAL | $274,000 | 135 ft |
| 2314 FREMONT AVE N MINNEAPOLIS MN 55411 | ELIZABETH J ANDERSON | RESIDENTIAL | $186,000 | 135 ft |
| 2315 EMERSON AVE N MINNEAPOLIS MN 55411 | RICHARD D BEAR | RESIDENTIAL-TWO UNIT | $255,000 | 167 ft |
| 1108 24TH AVE N MINNEAPOLIS MN 55411 | LATOYA MCMILLIAN | RESIDENTIAL | $188,500 | 174 ft |
| 2310 FREMONT AVE N MINNEAPOLIS MN 55411 | NYLA N LLOYD | RESIDENTIAL | $244,000 | 182 ft |
| 1118 24TH AVE N MINNEAPOLIS MN 55411 | H P D VALLALA & K R VALLALA | RESIDENTIAL | $229,100 | 184 ft |
Most Recent Sale
Current Tax Year