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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
No permits found in Minneapolis open data for this parcel.
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
Residential Mixed-Use 1 — low-density mixed 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1610 PENN AVE N MINNEAPOLIS MN 55411 | JOAQUIN PENA & MARIA G PENA | RESIDENTIAL | $127,000 | 73 ft |
| 1614 PENN AVE N MINNEAPOLIS MN 55411 | K A DOTSON & L M DOTSON | RESIDENTIAL | $199,000 | 121 ft |
| 1530 PENN AVE N MINNEAPOLIS MN 55411 | FRANCIA CHALCO SANTAMARIA | RESIDENTIAL | $171,500 | 129 ft |
| 1601 OLIVER AVE N MINNEAPOLIS MN 55411 | J L GREEN & C J SPEAR | RESIDENTIAL | $224,300 | 140 ft |
| 1609 OLIVER AVE N MINNEAPOLIS MN 55411 | B L GUY & J A GUY | RESIDENTIAL | $275,000 | 146 ft |
| 1526 PENN AVE N MINNEAPOLIS MN 55411 | ADAM LUTTERMAN | RESIDENTIAL | $172,000 | 165 ft |
| 1615 OLIVER AVE N MINNEAPOLIS MN 55411 | VJ PROPERTY LLC | RESIDENTIAL-TWO UNIT | $305,500 | 171 ft |
| 1605 PENN AVE N MINNEAPOLIS MN 55411 | CLARINE A JOHNSON | RESIDENTIAL | $249,000 | 191 ft |
| 1531 OLIVER AVE N MINNEAPOLIS MN 55411 | C R PUCKETT & W P PUCKETT | RESIDENTIAL | $237,000 | 192 ft |
| 1620 PENN AVE N MINNEAPOLIS MN 55411 | J GUTHRUE & A C GUTHRIE | RESIDENTIAL | $443,000 | 193 ft |
Current Tax Year