ParcelLens
Property Intelligence · Twin Cities
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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.
2 permits on record since 2020 · $13K total declared value · Most recent: May 2021 (roofwind)
KAL CONSTRUCTION INC
CenterPoint Energy Resource Corp
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
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 3,171 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 507 QUEEN AVE N MINNEAPOLIS MN 55405 | ISAAC W BRADLICH | RESIDENTIAL | $207,100 | 41 ft |
| 515 QUEEN AVE N MINNEAPOLIS MN 55405 | ISAAC W BRADLICH | RESIDENTIAL | $293,200 | 51 ft |
| 501 QUEEN AVE N MINNEAPOLIS MN 55405 | KEVIN ROGER PELSEL | RESIDENTIAL | $338,200 | 82 ft |
| 501 QUEEN AVE N MINNEAPOLIS MN 55405 | KEVIN ROGER PELSEL | VACANT LAND-RESIDENTIAL | $1,100 | 105 ft |
| 523 QUEEN AVE N MINNEAPOLIS MN 55405 | ADAM HOPE | RESIDENTIAL | $254,900 | 112 ft |
| 506 RUSSELL AVE N MINNEAPOLIS MN 55405 | M HOEL & L WARFIELD | RESIDENTIAL | $332,000 | 155 ft |
| 514 RUSSELL AVE N MINNEAPOLIS MN 55405 | MICHAEL DENNIS CONNOR | RESIDENTIAL | $261,500 | 162 ft |
| 527 QUEEN AVE N MINNEAPOLIS MN 55405 | LILLIAN E BENJAMSON | RESIDENTIAL | $210,500 | 163 ft |
| 500 RUSSELL AVE N MINNEAPOLIS MN 55405 | SCOTT H MOEN | RESIDENTIAL-TWO UNIT | $331,800 | 174 ft |
| 518 RUSSELL AVE N MINNEAPOLIS MN 55405 | MARCIA LYNN OLSON | RESIDENTIAL | $213,000 | 178 ft |
Most Recent Sale
Current Tax Year