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 2004 · $250K total declared value · Most recent: Jul 2023 (existres)
Mike's Custom Mechanical Inc
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 3,448 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1315 16TH AVE N MINNEAPOLIS MN 55411 | ROBERT ZEMAN | RESIDENTIAL | $177,000 | 42 ft |
| 1401 16TH AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $303,800 | 86 ft |
| 1523 GIRARD AVE N MINNEAPOLIS MN 55411 | RIVERVIEW REAL ESTATE | RESIDENTIAL | $351,500 | 98 ft |
| 1519 GIRARD AVE N MINNEAPOLIS MN 55411 | KARLA LUNA MONCAYO | RESIDENTIAL | $233,000 | 106 ft |
| 1301 16TH AVE N MINNEAPOLIS MN 55411 | DAN COURSOLLE | RESIDENTIAL | $150,000 | 112 ft |
| 1515 GIRARD AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 132 ft |
| 1407 16TH AVE N MINNEAPOLIS MN 55411 | CARMEANN D FOSTER | RESIDENTIAL | $451,000 | 134 ft |
| 1509 GIRARD AVE N MINNEAPOLIS MN 55411 | REAL ROTH SOLUTIONS LLC | RESIDENTIAL | $104,000 | 166 ft |
| 1312 15TH AVE N MINNEAPOLIS MN 55411 | ISHMAEL ISRAEL | VACANT LAND-RESIDENTIAL | $16,000 | 175 ft |
| 1411 16TH AVE N MINNEAPOLIS MN 55411 | GAVIN A PUGH & CRISHA L PUGH | RESIDENTIAL | $157,000 | 180 ft |
Most Recent Sale
Current Tax Year