Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
8 permits on record since 2022 · $32K total declared value · Most recent: Jun 2025 (misc)
Monarch Home Improvement Dabella
BRS Field Ops, LLC
Roof Ninja Services
FFM LLC
241 Construction
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · 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 3,129 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1430 IRVING AVE N MINNEAPOLIS MN 55411 | SY XIONG | RESIDENTIAL-TWO UNIT | $183,800 | 41 ft |
| 1422 IRVING AVE N MINNEAPOLIS MN 55411 | PAO CHOUA THAO | RESIDENTIAL | $200,100 | 42 ft |
| 1418 IRVING AVE N MINNEAPOLIS MN 55411 | HENEEYA MYRICK | RESIDENTIAL | $260,000 | 83 ft |
| 1409 15TH AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $315,000 | 110 ft |
| 1414 IRVING AVE N MINNEAPOLIS MN 55411 | QUEEN B PROPERTY MGMT LLC | RESIDENTIAL | $149,000 | 124 ft |
| 1500 IRVING AVE N MINNEAPOLIS MN 55411 | RYANN A ADKINS | RESIDENTIAL-TWO UNIT | $337,400 | 148 ft |
| 1407 15TH AVE N MINNEAPOLIS MN 55411 | JAMES SCHMIDT | RESIDENTIAL-TWO UNIT | $184,500 | 156 ft |
| 1504 IRVING AVE N MINNEAPOLIS MN 55411 | E GORSHTEYN & A GORSHTEYN | RESIDENTIAL | $220,000 | 190 ft |
| 1401 15TH AVE N MINNEAPOLIS MN 55411 | JACQUELINE EDWARDS | RESIDENTIAL | $315,700 | 202 ft |
| 1410 IRVING AVE N MINNEAPOLIS MN 55411 | KALE SEVERSON | CONDOMINIUM | $105,000 | 207 ft |
Current Tax Year