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 2020 · $8K total declared value · Most recent: Sep 2020 (misc)
TEAM CONSTRUCTION LLC
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 2,228 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2414 INGLEWOOD AVE MINNEAPOLIS MN 55405 | K D MCCOLLAM & E MCCOLLAM | RESIDENTIAL-TWO UNIT | $353,300 | 77 ft |
| 2400 INGLEWOOD AVE MINNEAPOLIS MN 55405 | MARK R MCNAUGHTON | RESIDENTIAL-TWO UNIT | $335,300 | 99 ft |
| 2405 GLENWOOD AVE MINNEAPOLIS MN 55405 | RYAN J WALSETH | RESIDENTIAL-TWO UNIT | $370,800 | 116 ft |
| 2409 GLENWOOD AVE MINNEAPOLIS MN 55405 | RYAN WALSETH | RESIDENTIAL | $317,900 | 126 ft |
| 2401 GLENWOOD AVE MINNEAPOLIS MN 55405 | WILLIAM E DRIESSEN | RESIDENTIAL | $261,700 | 137 ft |
| 2418 INGLEWOOD AVE MINNEAPOLIS MN 55405 | M2NH LLC | RESIDENTIAL-TWO UNIT | $332,200 | 140 ft |
| 2415 GLENWOOD AVE MINNEAPOLIS MN 55405 | RYAN J WALSETH | RESIDENTIAL-TWO UNIT | $312,000 | 157 ft |
| 2321 GLENWOOD AVE MINNEAPOLIS MN 55405 | YOLONDA R GREUEL LAMAR | RESIDENTIAL | $263,700 | 187 ft |
| 2422 INGLEWOOD AVE MINNEAPOLIS MN 55405 | ALISON MADSON | RESIDENTIAL-TWO UNIT | $332,800 | 196 ft |
| 2419 GLENWOOD AVE MINNEAPOLIS MN 55405 | RYAN WALSETH | RESIDENTIAL-TWO UNIT | $389,500 | 206 ft |
Most Recent Sale
Current Tax Year