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.
1 permit on record since 2024 · $9K total declared value · Most recent: Sep 2024 (misc)
Minnesota Restoration Contractors INC
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
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 2,579 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 277 QUEEN AVE N MINNEAPOLIS MN 55405 | ANSHU KHAKURAL | RESIDENTIAL | $269,900 | 40 ft |
| 285 QUEEN AVE N MINNEAPOLIS MN 55405 | ANDREW BRAUN | RESIDENTIAL | $324,600 | 40 ft |
| 273 QUEEN AVE N MINNEAPOLIS MN 55405 | R KOPEL-ANDERSON/K M KINDELL | RESIDENTIAL | $210,600 | 80 ft |
| 289 QUEEN AVE N MINNEAPOLIS MN 55405 | ANDREW BRAUN | VACANT LAND-RESIDENTIAL | $52,000 | 100 ft |
| 269 QUEEN AVE N MINNEAPOLIS MN 55405 | JASON P SITTKO | RESIDENTIAL | $271,500 | 120 ft |
| 265 QUEEN AVE N MINNEAPOLIS MN 55405 | CHRISTOPHER BOSER | RESIDENTIAL | $337,100 | 160 ft |
| 261 QUEEN AVE N MINNEAPOLIS MN 55405 | ALEXANDRA OSTEN | RESIDENTIAL | $460,000 | 200 ft |
| 300 QUEEN AVE N MINNEAPOLIS MN 55405 | J BEREKET & D BEREKET | CONDOMINIUM | $271,000 | 212 ft |
| 302 QUEEN AVE N MINNEAPOLIS MN 55405 | H M AHMED & H OMAR | CONDOMINIUM | $253,000 | 212 ft |
| 304 QUEEN AVE N MINNEAPOLIS MN 55405 | HAMZA IBRAHIM & E ABUBAKER | CONDOMINIUM | $253,000 | 212 ft |
Most Recent Sale
Current Tax Year