Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2020 · $173K total declared value · Most recent: May 2026 (commfdrr)
Associated Mechanical Contractors Inc
Associated Mechanical Contractors Inc
NORTHERN AIR CORP
NORTHERN AIR CORP
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Sumner - Glenwood · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1034
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1010 VAN WHITE MEM BLVD MINNEAPOLIS MN 55411 | BRYAN R VAN DEN BOSCH | TOWNHOUSE | $340,300 | 124 ft |
| 1039 ALDRICH AVE N MINNEAPOLIS MN 55411 | M HARMON & E CHAYEE | TOWNHOUSE | $339,200 | 126 ft |
| 1037 ALDRICH AVE N MINNEAPOLIS MN 55411 | OCTORA SMALLEY | TOWNHOUSE | $326,400 | 128 ft |
| 1035 ALDRICH AVE N MINNEAPOLIS MN 55411 | SAYNAB MOHAMED | TOWNHOUSE | $326,400 | 135 ft |
| 1008 VAN WHITE MEM BLVD MINNEAPOLIS MN 55411 | CHE L FLAZER/LAURA L FLAZER | TOWNHOUSE | $327,400 | 138 ft |
| 1033 ALDRICH AVE N MINNEAPOLIS MN 55411 | ESHETU SHIBESHI | TOWNHOUSE | $326,400 | 144 ft |
| 1001 11TH AVE N MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 145 ft |
| 1006 VAN WHITE MEM BLVD MINNEAPOLIS MN 55411 | THOMAS PLANTENBERG | TOWNHOUSE | $327,400 | 154 ft |
| 1031 ALDRICH AVE N MINNEAPOLIS MN 55411 | ABDI HALANE & AMUUN HIRSI | TOWNHOUSE | $339,200 | 157 ft |
| 1001 ALDRICH AVE N MINNEAPOLIS MN 55411 | HERITAGE PARK MPLS HMO ASSOC | COMMON AREA | $0 | 167 ft |
Most Recent Sale
Current Tax Year