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.
1 permit on record since 2019 · Most recent: Jan 2019 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
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 2,552 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1426 PENN AVE N MINNEAPOLIS MN 55411 | JAMA MOHAMED & HABIBO DHORE | RESIDENTIAL | $372,000 | 41 ft |
| 1418 PENN AVE N MINNEAPOLIS MN 55411 | MILIKIA WARFIELD | RESIDENTIAL | $198,300 | 41 ft |
| 1414 PENN AVE N MINNEAPOLIS MN 55411 | M EYTCHESON & E SOHLBERG | RESIDENTIAL | $230,300 | 80 ft |
| 1430 PENN AVE N MINNEAPOLIS MN 55411 | PRG INC | RESIDENTIAL | $149,500 | 83 ft |
| 1404 PENN AVE N MINNEAPOLIS MN 55411 | CATINA M WALKER | RESIDENTIAL | $294,000 | 130 ft |
| 1423 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL JOSEPH WILKE ET AL | VACANT LAND-RESIDENTIAL | $16,000 | 138 ft |
| 1419 OLIVER AVE N MINNEAPOLIS MN 55411 | R CHANEY & B P CHANEY | RESIDENTIAL | $113,000 | 142 ft |
| 1427 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL JOSEPH WILKE ET AL | RESIDENTIAL-TWO UNIT | $301,100 | 144 ft |
| 1415 OLIVER AVE N MINNEAPOLIS MN 55411 | C L RAKOB & T STEWART | RESIDENTIAL | $362,000 | 157 ft |
| 1431 OLIVER AVE N MINNEAPOLIS MN 55411 | RAMS PROPERTIES INC | RESIDENTIAL | $178,100 | 161 ft |
Current Tax Year