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.
9 permits on record since 2022 · $42K total declared value · Most recent: Apr 2026 (existres)
Luke Argent
M Brothers Roofing LLC
Kelly Plumbing and Heating Inc
Luke Argent
CHAMPION WINDOW CO OF MINNEAPOLS LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,489 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 324 RUSSELL AVE N MINNEAPOLIS MN 55405 | A VANDER-HORCK & W CRENSHAW | RESIDENTIAL | $258,400 | 60 ft |
| 2315 4TH AVE N MINNEAPOLIS MN 55405 | TITHE INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $380,500 | 107 ft |
| 400 RUSSELL AVE N MINNEAPOLIS MN 55405 | MAURA L BROWN | RESIDENTIAL | $246,900 | 110 ft |
| 406 RUSSELL AVE N MINNEAPOLIS MN 55405 | DE'JACIA LEE | RESIDENTIAL | $259,000 | 151 ft |
| 2324 GLENWOOD AVE MINNEAPOLIS MN 55405 | 2100 GRAND AVE S LLC | APARTMENT | $668,000 | 157 ft |
| 2320 GLENWOOD AVE MINNEAPOLIS MN 55405 | SAMUEL MESHBESHER | RESIDENTIAL | $204,000 | 160 ft |
| 2305 4TH AVE N MINNEAPOLIS MN 55405 | PATRICIA A MATTSON TRUST | RESIDENTIAL-TWO UNIT | $358,600 | 173 ft |
| 2312 GLENWOOD AVE MINNEAPOLIS MN 55405 | JUSTIN A SYMANIETZ | RESIDENTIAL-TWO UNIT | $322,900 | 175 ft |
| 333 RUSSELL AVE N MINNEAPOLIS MN 55405 | HADASSAH DUKES/LEVI BURROWS | RESIDENTIAL | $285,800 | 178 ft |
| 329 RUSSELL AVE N MINNEAPOLIS MN 55405 | DAVID LAWRENCE STACK | RESIDENTIAL | $244,700 | 179 ft |
Most Recent Sale
Current Tax Year