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.
4 permits on record since 2022 · $23K total declared value · Most recent: Jan 2025 (remodel)
Five Star Bath Solutions
Stewart Plumbing Inc
Innovative Basement Authority
Innovative Basement Authority
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
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 2,560 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1410 NEWTON AVE N MINNEAPOLIS MN 55411 | DENIKA JACKSON | RESIDENTIAL | $196,100 | 40 ft |
| 1418 NEWTON AVE N MINNEAPOLIS MN 55411 | STEPHANIE MAKOVEC | RESIDENTIAL | $208,300 | 40 ft |
| 1404 NEWTON AVE N MINNEAPOLIS MN 55411 | ROBERT WILLIAMS | RESIDENTIAL-TWO UNIT | $224,700 | 80 ft |
| 1422 NEWTON AVE N MINNEAPOLIS MN 55411 | J F VINANZACA & O B GARCIA | RESIDENTIAL | $197,200 | 80 ft |
| 1426 NEWTON AVE N MINNEAPOLIS MN 55411 | ASHLEY L HANSEN | RESIDENTIAL-TWO UNIT | $224,100 | 120 ft |
| 1400 NEWTON AVE N MINNEAPOLIS MN 55411 | L H KENDRICK & B KENDRICK | RESIDENTIAL | $213,200 | 125 ft |
| 1411 MORGAN AVE N MINNEAPOLIS MN 55411 | ROBERT ZEMAN | RESIDENTIAL | $150,000 | 141 ft |
| 1415 MORGAN AVE N MINNEAPOLIS MN 55411 | DANE LTD LLC | LOW INCOME RENTAL | $110,200 | 143 ft |
| 1423 MORGAN AVE N MINNEAPOLIS MN 55411 | NICKOLAUS SWEDLUND | RESIDENTIAL | $165,000 | 160 ft |
| 1407 MORGAN AVE N MINNEAPOLIS MN 55411 | DEBRA A FERRELL | RESIDENTIAL | $257,000 | 160 ft |
Current Tax Year