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.
7 permits on record since 2018 · $272K total declared value · Most recent: Jul 2022 (addition)
Carmeann Foster
Skyline Heating and Air LLC
LACY MECHANICAL LLC
LACY MECHANICAL LLC
LACY MECHANICAL LLC
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 4,185 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1401 16TH AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $303,800 | 47 ft |
| 1411 16TH AVE N MINNEAPOLIS MN 55411 | GAVIN A PUGH & CRISHA L PUGH | RESIDENTIAL | $157,000 | 47 ft |
| 1315 16TH AVE N MINNEAPOLIS MN 55411 | ROBERT ZEMAN | RESIDENTIAL | $177,000 | 92 ft |
| 1415 16TH AVE N MINNEAPOLIS MN 55411 | URBAN HOMEWORKS INC | LOW INCOME RENTAL | $288,800 | 121 ft |
| 1311 16TH AVE N MINNEAPOLIS MN 55411 | TIMIRA LLC | RESIDENTIAL | $280,100 | 134 ft |
| 1522 IRVING AVE N MINNEAPOLIS MN 55411 | CITY LAKES COMM LAND TRUST | — | $288,000 | 156 ft |
| 1518 IRVING AVE N MINNEAPOLIS MN 55411 | J P MADORE & S J MADORE | RESIDENTIAL-TWO UNIT | $277,500 | 166 ft |
| 1406 15TH AVE N MINNEAPOLIS MN 55411 | CHARLES PEMBERTON/ADAM HUNT | RESIDENTIAL-TWO UNIT | $228,700 | 167 ft |
| 1400 15TH AVE N MINNEAPOLIS MN 55411 | CITY OF LAKE COMM LAND TRUST | — | $292,000 | 173 ft |
| 1410 15TH AVE N MINNEAPOLIS MN 55411 | A M L DRESSLER/E DRESSLER | RESIDENTIAL | $184,300 | 174 ft |
Most Recent Sale
Current Tax Year