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.
4 permits on record since 2022 · $1.3M total declared value · Most recent: Feb 2023 (new)
FRERICHS CONSTRUCTION CO
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical 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 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1900 25TH AVE N MINNEAPOLIS MN 55411 | HALIE CAMPION | RESIDENTIAL | $246,000 | 65 ft |
| 1922 25TH AVE N MINNEAPOLIS MN 55411 | HOLDING FORTH WORD OF LIFE | COMMERCIAL-PREFERRED | $0 | 113 ft |
| 1911 26TH AVE N MINNEAPOLIS MN 55411 | FRANCESSE ESTIME | RESIDENTIAL | $208,000 | 141 ft |
| 1907 26TH AVE N MINNEAPOLIS MN 55411 | RICHARD FICK | RESIDENTIAL | $218,000 | 141 ft |
| 1901 26TH AVE N MINNEAPOLIS MN 55411 | CRAIG A BELL | RESIDENTIAL | $173,500 | 153 ft |
| 1915 26TH AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 155 ft |
| 1820 25TH AVE N MINNEAPOLIS MN 55411 | HEATHER PROPERTIES LLC | RESIDENTIAL | $230,000 | 163 ft |
| 1911 25TH AVE N MINNEAPOLIS MN 55411 | KATHLEEN CRAIG | RESIDENTIAL | $307,000 | 186 ft |
| 2444 NEWTON AVE N MINNEAPOLIS MN 55411 | L H ESPINOZA & M R ESPINOZA | RESIDENTIAL-TWO UNIT | $257,600 | 186 ft |
| 1907 25TH AVE N MINNEAPOLIS MN 55411 | TROY A MARTIN | RESIDENTIAL | $248,000 | 187 ft |
Current Tax Year