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 2025 · $23K total declared value · Most recent: Apr 2025 (misc)
Lionheart Building & Consultants
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 505 KNOX AVE N MINNEAPOLIS MN 55405 | ROBERT D ZEMAN | RESIDENTIAL | $158,000 | 50 ft |
| 515 KNOX AVE N MINNEAPOLIS MN 55405 | TOU JOHN YANG | RESIDENTIAL | $267,000 | 62 ft |
| 1700 5TH AVE N MINNEAPOLIS MN 55405 | KNOX RENTAL LLC | TRIPLEX | $629,300 | 92 ft |
| 519 KNOX AVE N MINNEAPOLIS MN 55405 | JOSHUA ATCHLEY | RESIDENTIAL | $215,000 | 120 ft |
| 510 LOGAN AVE N MINNEAPOLIS MN 55405 | MEE LEE | VACANT LAND-RESIDENTIAL | $12,000 | 142 ft |
| 506 LOGAN AVE N MINNEAPOLIS MN 55405 | LORNA J BELL | RESIDENTIAL | $251,600 | 143 ft |
| 514 LOGAN AVE N MINNEAPOLIS MN 55405 | MEE LEE | VACANT LAND-RESIDENTIAL | $22,000 | 148 ft |
| 516 LOGAN AVE N MINNEAPOLIS MN 55405 | S MOUA & M LEE | RESIDENTIAL | $243,100 | 161 ft |
| 500 LOGAN AVE N MINNEAPOLIS MN 55405 | ADELARDO GUTIERREZ MARCELINO | RESIDENTIAL | $231,300 | 164 ft |
| 525 KNOX AVE N MINNEAPOLIS MN 55405 | JERRY R MORRIS & WIFE | RESIDENTIAL | $236,600 | 169 ft |
Most Recent Sale
Current Tax Year