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.
3 permits on record since 2022 · $3K total declared value · Most recent: Oct 2024 (misc)
ASHTON MCGEE RESTORATION GROUP LLC
TEAM MECHANICAL INC
Centraire Heating & Air Conditioning LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Harrison · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1041
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 3,171 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 519 PENN AVE N MINNEAPOLIS MN 55405 | ISAAC W BRADLICH | RESIDENTIAL | $276,900 | 41 ft |
| 511 PENN AVE N MINNEAPOLIS MN 55405 | TAGGART HOMES LLC | RESIDENTIAL-TWO UNIT | $319,200 | 61 ft |
| 523 PENN AVE N MINNEAPOLIS MN 55405 | IDELLA GRAY | RESIDENTIAL | $235,500 | 82 ft |
| 527 PENN AVE N MINNEAPOLIS MN 55405 | SWISSHUS LLC | RESIDENTIAL-TWO UNIT | $283,000 | 123 ft |
| 501 PENN AVE N MINNEAPOLIS MN 55405 | JILLIAN RENEE WOYEE | RESIDENTIAL | $275,000 | 125 ft |
| 514 QUEEN AVE N MINNEAPOLIS MN 55405 | D T TRAINER & D R TRAINER | RESIDENTIAL | $208,800 | 154 ft |
| 510 QUEEN AVE N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | RESIDENTIAL | $300,000 | 160 ft |
| 518 QUEEN AVE N MINNEAPOLIS MN 55405 | ISAAC W BRADLICH | RESIDENTIAL | $250,000 | 160 ft |
| 531 PENN AVE N MINNEAPOLIS MN 55405 | MARTIN ASPHOLM | RESIDENTIAL | $279,600 | 163 ft |
| 2212 5TH AVE N MINNEAPOLIS MN 55405 | KENNETH STREIFF | RESIDENTIAL | $180,400 | 173 ft |
Most Recent Sale
Current Tax Year