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.
3 permits on record since 2021 · $25K total declared value · Most recent: Jul 2025 (res)
McQuillan Home Services LLC
LIBERTE CONSTRUCTION LLC
AMERICAN WATERWORKS
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 2,625 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2019 4TH AVE N MINNEAPOLIS MN 55405 | MICHELLE T HEMPEL | RESIDENTIAL | $192,000 | 44 ft |
| 341 NEWTON AVE N MINNEAPOLIS MN 55405 | SETH BERRIDGE/HALEY LEONHARD | RESIDENTIAL | $201,000 | 84 ft |
| 2021 4TH AVE N MINNEAPOLIS MN 55405 | JACQUELYN L UMPHRESS | RESIDENTIAL | $264,700 | 88 ft |
| 337 NEWTON AVE N MINNEAPOLIS MN 55405 | A STAFFORD & P STAFFORD | RESIDENTIAL-TWO UNIT | $226,800 | 93 ft |
| 2001 4TH AVE N MINNEAPOLIS MN 55405 | DAKOTA LAND LLC | RESIDENTIAL-TWO UNIT | $323,700 | 93 ft |
| 2014 GLENWOOD AVE MINNEAPOLIS MN 55405 | 2014 GLENWOOD AVE LLC | RESIDENTIAL-TWO UNIT | $375,000 | 122 ft |
| 2027 4TH AVE N MINNEAPOLIS MN 55405 | KARINA RAQUEL VAZQUEZ ETAL | RESIDENTIAL | $150,000 | 131 ft |
| 2016 GLENWOOD AVE MINNEAPOLIS MN 55405 | A GORSHTEYN & E GORSHTEYN | RESIDENTIAL | $237,000 | 131 ft |
| 2008 GLENWOOD AVE MINNEAPOLIS MN 55405 | LOURDES E TIPANLUISA JAMI | RESIDENTIAL | $286,000 | 133 ft |
| 400 OLIVER AVE N MINNEAPOLIS MN 55405 | LUCAS HERRERA | RESIDENTIAL | $185,500 | 148 ft |
Most Recent Sale
Current Tax Year