Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2003 · $287K total declared value · Most recent: Apr 2020 (res)
Norblom Plumbing Co
Standard Heating and Air Conditioning Inc
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 2,556 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1314 NEWTON AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $295,700 | 40 ft |
| 1320 NEWTON AVE N MINNEAPOLIS MN 55411 | D & D ELSEN | VACANT LAND-RESIDENTIAL | $16,000 | 80 ft |
| 1914 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | K-G INVESTMENTS LLC | LAND-COMMERCIAL | $33,200 | 96 ft |
| 1918 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | K-G INVESTMENTS LLC | COMMERCIAL-PREFERRED | $270,000 | 105 ft |
| 1910 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | K-G INVESTMENTS LLC | LAND-COMMERCIAL | $49,400 | 112 ft |
| 1324 NEWTON AVE N MINNEAPOLIS MN 55411 | MFALME M HILL JR | RESIDENTIAL | $349,600 | 120 ft |
| 1311 MORGAN AVE N MINNEAPOLIS MN 55411 | PATRICIA L ANDERSON | RESIDENTIAL | $318,000 | 139 ft |
| 1317 MORGAN AVE N MINNEAPOLIS MN 55411 | SALLY LOUISE BOYD | RESIDENTIAL | $121,000 | 144 ft |
| 1904 PLYMOUTH AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 148 ft |
| 1325 MORGAN AVE N MINNEAPOLIS MN 55411 | DELISA MONTRESE GRIGSBY | RESIDENTIAL | $237,000 | 171 ft |
Most Recent Sale
Current Tax Year