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.
4 permits on record since 2017 · $12K total declared value · Most recent: Sep 2023 (misc)
SMART CONSTRUCTION AND REMODELING INC
TOTAL COMFORT
UPTOWN PLUMBING HEATING AND COOLING
CENTERPOINT ENERGY
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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,727 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 523 NEWTON AVE N MINNEAPOLIS MN 55405 | SEAN NEWTON | RESIDENTIAL | $323,000 | 41 ft |
| 515 NEWTON AVE N MINNEAPOLIS MN 55405 | TIRA L JONES | RESIDENTIAL | $253,000 | 41 ft |
| 527 NEWTON AVE N MINNEAPOLIS MN 55405 | JAMES PENA | RESIDENTIAL | $305,500 | 82 ft |
| 511 NEWTON AVE N MINNEAPOLIS MN 55405 | ANA LUCIA ROMERO JARA | RESIDENTIAL | $294,000 | 82 ft |
| 531 NEWTON AVE N MINNEAPOLIS MN 55405 | MILES FOSTER | RESIDENTIAL | $221,600 | 123 ft |
| 507 NEWTON AVE N MINNEAPOLIS MN 55405 | JASON DORNBUSCH | RESIDENTIAL | $223,000 | 123 ft |
| 518 OLIVER AVE N MINNEAPOLIS MN 55405 | DAVID JAMES YORK | RESIDENTIAL | $275,900 | 134 ft |
| 522 OLIVER AVE N MINNEAPOLIS MN 55405 | BRYAN TAYLOR | RESIDENTIAL | $249,000 | 140 ft |
| 514 OLIVER AVE N MINNEAPOLIS MN 55405 | ZOILA FAJARDO | RESIDENTIAL | $205,400 | 140 ft |
| 526 OLIVER AVE N MINNEAPOLIS MN 55405 | LYLE E KILL & TRACY H KILL | RESIDENTIAL | $246,100 | 157 ft |
Most Recent Sale
Current Tax Year