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.
12 permits on record since 2021 · $85K total declared value · Most recent: Aug 2025 (misc)
PELLA NORTHLAND
Innovative Basement Authority
SUSSEL CORP
ST PAUL PLUMBING AND HEATING CO INC
ST PAUL PLUMBING AND HEATING CO 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
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,658 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1607 NEWTON AVE N MINNEAPOLIS MN 55411 | BLACKWOOD INVESTMENT INC | RESIDENTIAL | $153,000 | 43 ft |
| 1611 NEWTON AVE N MINNEAPOLIS MN 55411 | TIJUANA HAWKINS | RESIDENTIAL | $286,000 | 85 ft |
| 1531 NEWTON AVE N MINNEAPOLIS MN 55411 | RHONDA KIRKSEY | RESIDENTIAL | $209,200 | 108 ft |
| 1615 NEWTON AVE N MINNEAPOLIS MN 55411 | TWIN CITY REDEMPTIONS LLC | RESIDENTIAL | $137,000 | 127 ft |
| 1600 OLIVER AVE N MINNEAPOLIS MN 55411 | REFRESH REAL ESTATE LLC | RESIDENTIAL | $128,000 | 139 ft |
| 1606 OLIVER AVE N MINNEAPOLIS MN 55411 | CHRISTIAN GROSCHEN | RESIDENTIAL | $202,000 | 146 ft |
| 1525 NEWTON AVE N MINNEAPOLIS MN 55411 | K SANTELLA & D PETERSON | RESIDENTIAL-TWO UNIT | $338,600 | 148 ft |
| 1610 OLIVER AVE N MINNEAPOLIS MN 55411 | D E SHEPHARD & M A SHEPHARD | RESIDENTIAL | $223,300 | 163 ft |
| 1617 NEWTON AVE N MINNEAPOLIS MN 55411 | V J ELKER & I G ELKER ET AL | RESIDENTIAL-TWO UNIT | $271,400 | 169 ft |
| 1530 OLIVER AVE N MINNEAPOLIS MN 55411 | KIM B AMBERS | RESIDENTIAL | $118,000 | 176 ft |
Most Recent Sale
Current Tax Year