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 ↗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 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 4,226 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2501 GLENWOOD AVE MINNEAPOLIS MN 55405 | DAVID R CROFT | RESIDENTIAL | $263,600 | 56 ft |
| 2511 GLENWOOD AVE MINNEAPOLIS MN 55405 | TRAVIS SAGEDAHL | RESIDENTIAL | $209,000 | 57 ft |
| 320 THOMAS AVE N MINNEAPOLIS MN 55405 | MARK J FOX | RESIDENTIAL | $286,800 | 104 ft |
| 2615 GLENWOOD AVE MINNEAPOLIS MN 55405 | G N RY CO | RAILROAD | $0 | 129 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | HOLLYHOCK HOUSING LLC | VACANT LAND-RESIDENTIAL | $163,000 | 147 ft |
| 2419 GLENWOOD AVE MINNEAPOLIS MN 55405 | RYAN WALSETH | RESIDENTIAL-TWO UNIT | $389,500 | 149 ft |
| 297 THOMAS AVE N MINNEAPOLIS MN 55405 | LAZY CREEK PROPERTIES LLC | LAND - INDUSTRIAL | $12,800 | 186 ft |
| 2422 INGLEWOOD AVE MINNEAPOLIS MN 55405 | ALISON MADSON | RESIDENTIAL-TWO UNIT | $332,800 | 186 ft |
| 2415 GLENWOOD AVE MINNEAPOLIS MN 55405 | RYAN J WALSETH | RESIDENTIAL-TWO UNIT | $312,000 | 213 ft |
| 2601 GLENWOOD AVE MINNEAPOLIS MN 55405 | LAZY CREEK PROPERTIES LLC | LAND - INDUSTRIAL | $50,900 | 223 ft |
Most Recent Sale
Current Tax Year