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 ↗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
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 6,880 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 507 SHERIDAN AVE N MINNEAPOLIS MN 55405 | SCOTT H MOEN | RESIDENTIAL-TWO UNIT | $325,400 | 77 ft |
| 2521 HEANER TER MINNEAPOLIS MN 55405 | JANNA HOTTINGER | RESIDENTIAL-TWO UNIT | $439,300 | 80 ft |
| 517 SHERIDAN AVE N MINNEAPOLIS MN 55405 | RICHARD SAPLAWYIGUTIY THAO | RESIDENTIAL | $205,500 | 122 ft |
| 2531 HEANER TER MINNEAPOLIS MN 55405 | ISAAC W BRADLICH | CONDOMINIUM | $316,200 | 153 ft |
| 2529 HEANER TER MINNEAPOLIS MN 55405 | TIM J BERG | CONDOMINIUM | $173,000 | 153 ft |
| 2527 HEANER TER MINNEAPOLIS MN 55405 | NICOLAS T WHITE TRUST | CONDOMINIUM | $246,800 | 153 ft |
| MN | Unknown | — | — | 153 ft |
| 521 SHERIDAN AVE N MINNEAPOLIS MN 55405 | RENEE L WATSON | RESIDENTIAL | $255,400 | 158 ft |
| 514 THOMAS AVE N MINNEAPOLIS MN 55405 | CRAIG F MILLER | TRIPLEX | $397,900 | 159 ft |
| 525 SHERIDAN AVE N MINNEAPOLIS MN 55405 | JOHN MUNNICH/JULIE MUNNICH | RESIDENTIAL | $302,300 | 207 ft |
Most Recent Sale
Current Tax Year