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 ↗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 ↗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.
2 permits on record since 2019 · $7K total declared value · Most recent: Jun 2021 (misc)
CHAMPION WINDOW CO OF MINNEAPOLS LLC
BAYPORT ROOFING AND SIDING LLC
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 1,208 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1124 21ST AVE N MINNEAPOLIS MN 55411 | AMY TURNER | RESIDENTIAL-TWO UNIT | $226,800 | 50 ft |
| 2108 FREMONT AVE N MINNEAPOLIS MN 55411 | KUE THAO | RESIDENTIAL | $245,000 | 56 ft |
| 1114 21ST AVE N MINNEAPOLIS MN 55411 | NJE HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $208,200 | 84 ft |
| 2110 FREMONT AVE N MINNEAPOLIS MN 55411 | M & M STAFFING LLC | LOW INCOME RENTAL | $296,000 | 90 ft |
| 2116 FREMONT AVE N MINNEAPOLIS MN 55411 | H M NGUYEN / P C TRAN | RESIDENTIAL | $182,000 | 127 ft |
| 2026 FREMONT AVE N MINNEAPOLIS MN 55411 | UHW R:R IV LLC | LOW INCOME RENTAL | $312,100 | 160 ft |
| 2122 FREMONT AVE N MINNEAPOLIS MN 55411 | TIMIRA LLC | RESIDENTIAL | $274,000 | 166 ft |
| 1117 21ST AVE N MINNEAPOLIS MN 55411 | EVERSHADE REVOCABLE TRUST | RESIDENTIAL | $197,000 | 182 ft |
| 2124 FREMONT AVE N MINNEAPOLIS MN 55411 | NELSON E MCEWEN | RESIDENTIAL-TWO UNIT | $184,800 | 205 ft |
| 2020 FREMONT AVE N MINNEAPOLIS MN 55411 | A MITCHELL III/ L J MITCHELL | VACANT LAND-RESIDENTIAL | $16,000 | 208 ft |
Most Recent Sale
Current Tax Year