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.
3 permits on record since 2016 · $25K total declared value · Most recent: Sep 2024 (misc)
GAVIOTA CONSTRUCTION INC
KAT CONSTRUCTION LLC
LINN STAR TRANSFER
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 3,297 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1622 NEWTON AVE N MINNEAPOLIS MN 55411 | LEVI NEITZELL/SARAH NEITZELL | RESIDENTIAL | $179,300 | 45 ft |
| 1630 NEWTON AVE N MINNEAPOLIS MN 55411 | PAUL A WADE/ALICIA K FLOWERS | RESIDENTIAL | $158,800 | 49 ft |
| 1616 NEWTON AVE N MINNEAPOLIS MN 55411 | ROBERT BUCHEN | RESIDENTIAL | $200,000 | 85 ft |
| 1614 NEWTON AVE N MINNEAPOLIS MN 55411 | TYLER J DAVIS | RESIDENTIAL | $221,000 | 125 ft |
| 1627 MORGAN AVE N MINNEAPOLIS MN 55411 | NORMAN W PARKER | RESIDENTIAL | $151,000 | 140 ft |
| 1623 MORGAN AVE N MINNEAPOLIS MN 55411 | A B GONZALEZ & M S KELLY | RESIDENTIAL | $220,000 | 147 ft |
| 1631 MORGAN AVE N MINNEAPOLIS MN 55411 | M R DUNCAN & H C DUNCAN | RESIDENTIAL | $129,000 | 149 ft |
| 1702 NEWTON AVE N MINNEAPOLIS MN 55411 | ROBERT WARE ET AL SUBJ/ L E | RESIDENTIAL | $182,000 | 161 ft |
| 1619 MORGAN AVE N MINNEAPOLIS MN 55411 | J BUTLER JR & R BUTLER | RESIDENTIAL | $202,100 | 164 ft |
| 1610 NEWTON AVE N MINNEAPOLIS MN 55411 | HIRAM WILLIAMS | RESIDENTIAL | $208,100 | 165 ft |
Most Recent Sale
Current Tax Year