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 the West Broadway Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗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 ↗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.
1 permit on record since 2014 · $135K total declared value · Most recent: Nov 2014 (building re-inspection)
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 3-story wood frame (5–12 units) benchmarks for 4,644 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2018 FREMONT AVE N MINNEAPOLIS MN 55411 | TONY D MILLER | RESIDENTIAL-TWO UNIT | $250,900 | 46 ft |
| 2010 FREMONT AVE N MINNEAPOLIS MN 55411 | AKY GROUP LLC | COMMERCIAL-PREFERRED | $0 | 50 ft |
| 2020 FREMONT AVE N MINNEAPOLIS MN 55411 | A MITCHELL III/ L J MITCHELL | VACANT LAND-RESIDENTIAL | $16,000 | 90 ft |
| 1120 WEST BROADWAY MINNEAPOLIS MN 55411 | RAYAN PROPERTIES LLC | COMMERCIAL-PREFERRED | $794,000 | 124 ft |
| 2026 FREMONT AVE N MINNEAPOLIS MN 55411 | UHW R:R IV LLC | LOW INCOME RENTAL | $312,100 | 138 ft |
| 1117 21ST AVE N MINNEAPOLIS MN 55411 | EVERSHADE REVOCABLE TRUST | RESIDENTIAL | $197,000 | 141 ft |
| 1110 WEST BROADWAY MINNEAPOLIS MN 55411 | JXTA REAL ESTATE HOLDING CO | COMMERCIAL-PREFERRED | $0 | 170 ft |
| 2017 EMERSON AVE N MINNEAPOLIS MN 55411 | MIKE PODANY PROPERTIES LLC | LOW INCOME RENTAL | $895,000 | 176 ft |
| 2019 EMERSON AVE N MINNEAPOLIS MN 55411 | D A PAULSRUD & J T PAULSRUD | COMMERCIAL-PREFERRED | $251,000 | 190 ft |
| 1108 WEST BROADWAY MINNEAPOLIS MN 55411 | JXTA REAL ESTATE HOLDING CO | COMMERCIAL-PREFERRED | $0 | 190 ft |
Most Recent Sale
Current Tax Year