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 ↗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.
1 permit on record since 2012 · $151K total declared value · Most recent: Oct 2012 (binb)
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.
Back-of-envelope estimate based on sfr / adu benchmarks for 179 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 848 10TH AVE N MINNEAPOLIS MN 55411 | KATHERINE PERDOCK | TOWNHOUSE | $327,400 | 23 ft |
| 900 10TH AVE N MINNEAPOLIS MN 55411 | ANDREA LYNN GALL | TOWNHOUSE | $318,900 | 34 ft |
| 846 10TH AVE N MINNEAPOLIS MN 55411 | LANCE LAUINGER | TOWNHOUSE | $327,400 | 45 ft |
| 902 10TH AVE N MINNEAPOLIS MN 55411 | SCOTT DORN | TOWNHOUSE | $298,500 | 56 ft |
| 1001 ALDRICH AVE N MINNEAPOLIS MN 55411 | HERITAGE PARK MPLS HMO ASSOC | COMMON AREA | $0 | 62 ft |
| 844 10TH AVE N MINNEAPOLIS MN 55411 | OSCAR O TURNER JR | TOWNHOUSE | $340,300 | 67 ft |
| 904 10TH AVE N MINNEAPOLIS MN 55411 | CASSIE BLOCK | TOWNHOUSE | $303,900 | 78 ft |
| 1037 ALDRICH AVE N MINNEAPOLIS MN 55411 | OCTORA SMALLEY | TOWNHOUSE | $326,400 | 92 ft |
| 1039 ALDRICH AVE N MINNEAPOLIS MN 55411 | M HARMON & E CHAYEE | TOWNHOUSE | $339,200 | 94 ft |
| 1035 ALDRICH AVE N MINNEAPOLIS MN 55411 | SAYNAB MOHAMED | TOWNHOUSE | $326,400 | 95 ft |
Most Recent Sale
Current Tax Year