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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗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 ↗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.
6 permits on record since 2020 · $13K total declared value · Most recent: Oct 2022 (res)
Warners Stellian Co Inc
Flare Heating & Air Conditioning, Inc.
Metro Heating & Cooling LLC
Ray N Welter Heating Co
KAUFMAN SHEET METAL ROOFING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · 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
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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,596 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1618 IRVING AVE N MINNEAPOLIS MN 55411 | JANE H O'BRIEN | RESIDENTIAL-TWO UNIT | $422,100 | 42 ft |
| 1628 IRVING AVE N MINNEAPOLIS MN 55411 | MARGARET LOU BURRESS | RESIDENTIAL | $419,100 | 63 ft |
| 1614 IRVING AVE N MINNEAPOLIS MN 55411 | S C L SWANSON & L I SWANSON | RESIDENTIAL | $214,400 | 84 ft |
| 1415 17TH AVE N MINNEAPOLIS MN 55411 | VORK 17TH FAMILY TRUST | RESIDENTIAL-TWO UNIT | $278,500 | 99 ft |
| 1610 IRVING AVE N MINNEAPOLIS MN 55411 | MARK HOLMAN | RESIDENTIAL | $250,200 | 126 ft |
| 1411 17TH AVE N MINNEAPOLIS MN 55411 | DANIEL B FRY | RESIDENTIAL | $289,700 | 137 ft |
| 1606 IRVING AVE N MINNEAPOLIS MN 55411 | RYAN P SMITH & MARIA L ELEY | RESIDENTIAL | $280,500 | 168 ft |
| 1407 17TH AVE N MINNEAPOLIS MN 55411 | B M MELANCON & B T HARRISON | RESIDENTIAL | $234,500 | 176 ft |
| 1414 16TH AVE N MINNEAPOLIS MN 55411 | BROADWAY AVENUE LLC | RESIDENTIAL-TWO UNIT | $227,900 | 180 ft |
| 1623 IRVING AVE N MINNEAPOLIS MN 55411 | ANN MARIE MICHELS | RESIDENTIAL | $278,700 | 183 ft |
Most Recent Sale
Current Tax Year