Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,083 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2218 4TH AVE N MINNEAPOLIS MN 55405 | MICHAEL BAYNTON/STACY BROOKS | RESIDENTIAL-TWO UNIT | $397,300 | 38 ft |
| 2220 4TH AVE N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | RESIDENTIAL | $183,000 | 79 ft |
| 409 PENN AVE N MINNEAPOLIS MN 55405 | M GUALLPA/T J GUALLPA CHIQUI | RESIDENTIAL-TWO UNIT | $395,000 | 100 ft |
| 401 PENN AVE N MINNEAPOLIS MN 55405 | TRAVIS SAGEDAHL | RESIDENTIAL | $343,000 | 106 ft |
| 414 QUEEN AVE N MINNEAPOLIS MN 55405 | M NAJERA & J N HERNANDEZ | RESIDENTIAL | $231,200 | 109 ft |
| 413 PENN AVE N MINNEAPOLIS MN 55405 | J REINEN & J S REINEN | RESIDENTIAL-TWO UNIT | $381,300 | 116 ft |
| 2224 4TH AVE N MINNEAPOLIS MN 55405 | SCOTT MOEN | RESIDENTIAL-TWO UNIT | $268,400 | 119 ft |
| 417 PENN AVE N MINNEAPOLIS MN 55405 | JOHN M TOUGHILL ETAL | RESIDENTIAL-TWO UNIT | $258,300 | 142 ft |
| 420 QUEEN AVE N MINNEAPOLIS MN 55405 | DON VANG & JULIE BAO VANG | TRIPLEX | $467,900 | 154 ft |
| 2213 5TH AVE N MINNEAPOLIS MN 55405 | KHAMMANH BOUPPHASALY | RESIDENTIAL-TWO UNIT | $311,700 | 173 ft |
Most Recent Sale
Current Tax Year