Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 2021 · $9K total declared value · Most recent: Sep 2021 (roofwind)
EARTH FRIENDLY BUILDERS 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
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 |
|---|---|---|---|---|
| 506 NEWTON AVE N MINNEAPOLIS MN 55405 | C FOLTZ & C FOLTZ | APARTMENT | $349,000 | 53 ft |
| 1912 5TH AVE N MINNEAPOLIS MN 55405 | JOINT HEIR'S/CHRIST FTH INTR | LAND-COMMERCIAL | $0 | 72 ft |
| 512 NEWTON AVE N MINNEAPOLIS MN 55405 | CAROLE BRUNS | RESIDENTIAL | $319,000 | 113 ft |
| 424 NEWTON AVE N MINNEAPOLIS MN 55405 | JAIME LYNN STARLING | RESIDENTIAL | $461,000 | 122 ft |
| 501 MORGAN AVE N MINNEAPOLIS MN 55405 | MORGAN HOLDINGS LLC | CONDOMINIUM | $113,000 | 161 ft |
| 501 MORGAN AVE N MINNEAPOLIS MN 55405 | RY DILL | CONDOMINIUM | $108,000 | 161 ft |
| 501 MORGAN AVE N MINNEAPOLIS MN 55405 | RY DILL | CONDOMINIUM | $110,000 | 161 ft |
| 501 MORGAN AVE N MINNEAPOLIS MN 55405 | MATTIE V BEARD | CONDOMINIUM | $102,000 | 161 ft |
| 501 MORGAN AVE N MINNEAPOLIS MN 55405 | MORGAN HOLDINGS LLC | CONDOMINIUM | $113,000 | 161 ft |
| MN | Unknown | — | — | 161 ft |
Most Recent Sale
Current Tax Year