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.
2 permits on record since 2019 · $21K total declared value · Most recent: Apr 2025 (misc)
MERIDIAN PROPERTIES LLC
Jessie Hollie
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
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 3,327 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1827 OLIVER AVE N MINNEAPOLIS MN 55411 | MELVIN E SNODDY | RESIDENTIAL | $222,400 | 46 ft |
| 1817 OLIVER AVE N MINNEAPOLIS MN 55411 | MIDWEST CHALLENGE INC | RESIDENTIAL | $0 | 48 ft |
| 1831 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL MCNAMEE & KATIE MCNAMEE | RESIDENTIAL | $203,300 | 86 ft |
| 1811 OLIVER AVE N MINNEAPOLIS MN 55411 | JESSEN COMO | RESIDENTIAL-TWO UNIT | $283,400 | 99 ft |
| 1820 PENN AVE N MINNEAPOLIS MN 55411 | ROBERT W MCKOSKEY | RESIDENTIAL | $266,900 | 139 ft |
| 1826 PENN AVE N MINNEAPOLIS MN 55411 | HEVEREST INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $231,200 | 145 ft |
| 1839 OLIVER AVE N MINNEAPOLIS MN 55411 | DANLEN PROPERTIES LLC | RESIDENTIAL | $151,000 | 148 ft |
| 1816 PENN AVE N MINNEAPOLIS MN 55411 | ANAB ASKAR | VACANT LAND-RESIDENTIAL | $16,000 | 149 ft |
| 1809 OLIVER AVE N MINNEAPOLIS MN 55411 | E I SAPATANGA ENCALADA ET AL | RESIDENTIAL | $335,300 | 151 ft |
| 1830 PENN AVE N MINNEAPOLIS MN 55411 | REAL TIME RESOLUTIONS INC | RESIDENTIAL-TWO UNIT | $226,100 | 163 ft |
Current Tax Year