Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 524 THOMAS AVE N MINNEAPOLIS MN 55405 | DARRIN J WAIT | RESIDENTIAL | $322,300 | 68 ft |
| 526 THOMAS AVE N MINNEAPOLIS MN 55405 | WILLIAM N KLATT/JAYNE KLATT | RESIDENTIAL-TWO UNIT | $385,600 | 121 ft |
| 2521 HEANER TER MINNEAPOLIS MN 55405 | JANNA HOTTINGER | RESIDENTIAL-TWO UNIT | $439,300 | 135 ft |
| 521 SHERIDAN AVE N MINNEAPOLIS MN 55405 | RENEE L WATSON | RESIDENTIAL | $255,400 | 136 ft |
| 517 SHERIDAN AVE N MINNEAPOLIS MN 55405 | RICHARD SAPLAWYIGUTIY THAO | RESIDENTIAL | $205,500 | 137 ft |
| 2531 HEANER TER MINNEAPOLIS MN 55405 | ISAAC W BRADLICH | CONDOMINIUM | $316,200 | 150 ft |
| 2529 HEANER TER MINNEAPOLIS MN 55405 | TIM J BERG | CONDOMINIUM | $173,000 | 150 ft |
| 2527 HEANER TER MINNEAPOLIS MN 55405 | NICOLAS T WHITE TRUST | CONDOMINIUM | $246,800 | 150 ft |
| MN | Unknown | — | — | 150 ft |
| 525 SHERIDAN AVE N MINNEAPOLIS MN 55405 | JOHN MUNNICH/JULIE MUNNICH | RESIDENTIAL | $302,300 | 151 ft |