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.
4 permits on record since 2022 · $4K total declared value · Most recent: May 2026 (remodel)
SERVPRO OF MINNETONKA
B and D Plumbing Heating and A/C Inc
Standard Heating and Air Conditioning Inc
Mike's Custom Mechanical Inc
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 3,918 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 426 RUSSELL AVE N MINNEAPOLIS MN 55405 | ISRAEL BALTAZAR | RESIDENTIAL | $213,600 | 77 ft |
| 422 RUSSELL AVE N MINNEAPOLIS MN 55405 | M JOHNSON & M OVERFORS | RESIDENTIAL | $226,000 | 85 ft |
| 428 RUSSELL AVE N MINNEAPOLIS MN 55405 | BRANT PEUSER & JESTIN LUNDAY | RESIDENTIAL | $394,000 | 95 ft |
| 421 QUEEN AVE N MINNEAPOLIS MN 55405 | SHARON G SENNEKA | RESIDENTIAL | $206,400 | 99 ft |
| 425 QUEEN AVE N MINNEAPOLIS MN 55405 | NICOLE BLANSHAN | RESIDENTIAL-TWO UNIT | $314,000 | 100 ft |
| 418 RUSSELL AVE N MINNEAPOLIS MN 55405 | ANGELA L HIPP & JAMES J HIPP | RESIDENTIAL | $266,000 | 107 ft |
| 419 QUEEN AVE N MINNEAPOLIS MN 55405 | SEAN SENNEKA | RESIDENTIAL | $201,000 | 114 ft |
| 429 QUEEN AVE N MINNEAPOLIS MN 55405 | COLIN M MERRIGAN | RESIDENTIAL | $319,100 | 116 ft |
| 414 RUSSELL AVE N MINNEAPOLIS MN 55405 | THOMAS NEAL & MEGAN POWELL | RESIDENTIAL | $237,000 | 138 ft |
| 415 QUEEN AVE N MINNEAPOLIS MN 55405 | A V EHRICH & J M VAN GAALEN | RESIDENTIAL-TWO UNIT | $241,900 | 140 ft |
Most Recent Sale
Current Tax Year