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 ↗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 2025 · $5K total declared value · Most recent: Jun 2025 (misc)
ARCHWAY CONTRACTING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Willard - Hay · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1028
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Residential Mixed-Use 1 — low-density mixed 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 2,989 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1906 PENN AVE N MINNEAPOLIS MN 55411 | ARCH R DEMERY | RESIDENTIAL-TWO UNIT | $173,600 | 42 ft |
| 1914 PENN AVE N MINNEAPOLIS MN 55411 | FEDERAL NATL MORTGAGE ASSN | RESIDENTIAL | $201,100 | 46 ft |
| 1902 PENN AVE N MINNEAPOLIS MN 55411 | T L FREEBOY & M FREEBOY | RESIDENTIAL | $126,200 | 76 ft |
| 1918 PENN AVE N MINNEAPOLIS MN 55411 | M D C FERRUSQUIA ET AL | RESIDENTIAL | $307,000 | 98 ft |
| 1900 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 103 ft |
| 1911 OLIVER AVE N MINNEAPOLIS MN 55411 | DAVID DANIELLE DUPREE | RESIDENTIAL | $353,000 | 138 ft |
| 1922 PENN AVE N MINNEAPOLIS MN 55411 | KELVIN W ADAMS | RESIDENTIAL | $129,000 | 144 ft |
| 1907 OLIVER AVE N MINNEAPOLIS MN 55411 | ANNETTE WILSON | RESIDENTIAL-TWO UNIT | $279,000 | 145 ft |
| 1915 OLIVER AVE N MINNEAPOLIS MN 55411 | EUGENE POPA | RESIDENTIAL | $186,000 | 146 ft |
| 1901 OLIVER AVE N MINNEAPOLIS MN 55411 | RICKY C PRUITT | RESIDENTIAL-TWO UNIT | $294,200 | 165 ft |
Most Recent Sale
Current Tax Year