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.
1 permit on record since 2025 · $39K total declared value · Most recent: Jul 2025 (misc)
Lionheart Building & Consultants
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1611 MORGAN AVE N MINNEAPOLIS MN 55411 | JULIAN FLORES/RACHEL FLORES | RESIDENTIAL | $239,000 | 40 ft |
| 1601 MORGAN AVE N MINNEAPOLIS MN 55411 | ROSEWATER LLC | RESIDENTIAL-TWO UNIT | $259,400 | 40 ft |
| 1613 MORGAN AVE N MINNEAPOLIS MN 55411 | DANMARK PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $231,000 | 80 ft |
| 1619 MORGAN AVE N MINNEAPOLIS MN 55411 | J BUTLER JR & R BUTLER | RESIDENTIAL | $202,100 | 120 ft |
| 1606 NEWTON AVE N MINNEAPOLIS MN 55411 | ALEXIS COOKE | RESIDENTIAL | $200,000 | 140 ft |
| 1600 NEWTON AVE N MINNEAPOLIS MN 55411 | ZOILA M JARA | RESIDENTIAL | $191,000 | 146 ft |
| 1610 NEWTON AVE N MINNEAPOLIS MN 55411 | HIRAM WILLIAMS | RESIDENTIAL | $208,100 | 146 ft |
| 1531 MORGAN AVE N MINNEAPOLIS MN 55411 | OCTAVIA S BLANKS | RESIDENTIAL | $204,400 | 146 ft |
| 1623 MORGAN AVE N MINNEAPOLIS MN 55411 | A B GONZALEZ & M S KELLY | RESIDENTIAL | $220,000 | 160 ft |
| 1614 NEWTON AVE N MINNEAPOLIS MN 55411 | TYLER J DAVIS | RESIDENTIAL | $221,000 | 161 ft |
Current Tax Year