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 ↗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 ↗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.
17 permits on record since 2019 · $1.6M total declared value · Most recent: Mar 2026 (remodel)
SERVPRO OF WRIGHT COUNTY
Dean's Professional Plumbing Inc
Centraire Heating & Air Conditioning LLC
Budget Plumbing Corp
Benson Orth General Contractors
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 |
|---|---|---|---|---|
| 740 ALDRICH AVE N MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 384 ft |
| 832 GERTRUDE BROWN PL MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 387 ft |
| 747 ALDRICH AVE N MINNEAPOLIS MN 55411 | DELLA SVENINGSEN | CONDOMINIUM | $225,400 | 478 ft |
| 745 ALDRICH AVE N MINNEAPOLIS MN 55411 | TC HABITAT FOR HUMANITY INC | CONDOMINIUM | $212,200 | 478 ft |
| 743 ALDRICH AVE N MINNEAPOLIS MN 55411 | NEGASSA A YADETIE | CONDOMINIUM | $212,200 | 478 ft |
| 741 ALDRICH AVE N MINNEAPOLIS MN 55411 | K GONDA & B RUFI | CONDOMINIUM | $225,400 | 478 ft |
| MN | Unknown | — | — | 478 ft |
| 1000 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 507 ft |
| 710 BRYANT AVE N MINNEAPOLIS MN 55411 | DEMISSE B TULU | CONDOMINIUM | $238,700 | 541 ft |
| 712 BRYANT AVE N MINNEAPOLIS MN 55411 | YOSEF BESHA | CONDOMINIUM | $211,100 | 541 ft |
Current Tax Year