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.
2 permits on record since 2022 · $6K total declared value · Most recent: Jul 2022 (existres)
MESPO HEATING AND COOLING INC
MESPO HEATING AND COOLING 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 4,691 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1407 MORGAN AVE N MINNEAPOLIS MN 55411 | DEBRA A FERRELL | RESIDENTIAL | $257,000 | 53 ft |
| 1415 MORGAN AVE N MINNEAPOLIS MN 55411 | DANE LTD LLC | LOW INCOME RENTAL | $110,200 | 60 ft |
| 1401 MORGAN AVE N MINNEAPOLIS MN 55411 | J E I ROBLES & A INAMAGUA | RESIDENTIAL-TWO UNIT | $272,400 | 98 ft |
| 1423 MORGAN AVE N MINNEAPOLIS MN 55411 | NICKOLAUS SWEDLUND | RESIDENTIAL | $165,000 | 107 ft |
| 1410 NEWTON AVE N MINNEAPOLIS MN 55411 | DENIKA JACKSON | RESIDENTIAL | $196,100 | 140 ft |
| 1414 NEWTON AVE N MINNEAPOLIS MN 55411 | WALTER BATES | RESIDENTIAL | $131,000 | 141 ft |
| 1427 MORGAN AVE N MINNEAPOLIS MN 55411 | COLTON SNOW | RESIDENTIAL | $229,000 | 147 ft |
| 1404 NEWTON AVE N MINNEAPOLIS MN 55411 | ROBERT WILLIAMS | RESIDENTIAL-TWO UNIT | $224,700 | 149 ft |
| 1418 NEWTON AVE N MINNEAPOLIS MN 55411 | STEPHANIE MAKOVEC | RESIDENTIAL | $208,300 | 154 ft |
| 1400 NEWTON AVE N MINNEAPOLIS MN 55411 | L H KENDRICK & B KENDRICK | RESIDENTIAL | $213,200 | 170 ft |
Current Tax Year