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 · Most recent: Mar 2025 (existres)
Air Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,822 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 520 MORGAN AVE N MINNEAPOLIS MN 55405 | ANAB ASKAR | RESIDENTIAL | $337,000 | 58 ft |
| 534 MORGAN AVE N MINNEAPOLIS MN 55405 | C FLEMING & S F FLEMING | RESIDENTIAL | $347,000 | 66 ft |
| 518 MORGAN AVE N MINNEAPOLIS MN 55405 | RYAN D HOLT | VACANT LAND-RESIDENTIAL | $2,000 | 91 ft |
| 518 MORGAN AVE N MINNEAPOLIS MN 55405 | GARRETT E TRANQUILLO | RESIDENTIAL | $221,800 | 116 ft |
| 525 LOGAN AVE N MINNEAPOLIS MN 55405 | CITY/LAKES COMMUNITY LAND TR | — | $243,800 | 142 ft |
| 529 LOGAN AVE N MINNEAPOLIS MN 55405 | JAMES ARCHER | VACANT LAND-RESIDENTIAL | $22,000 | 142 ft |
| 514 MORGAN AVE N MINNEAPOLIS MN 55405 | KATHERINE J WADDICK | RESIDENTIAL | $118,000 | 149 ft |
| 535 LOGAN AVE N MINNEAPOLIS MN 55405 | 535 LOGAN AVE N LLC | VACANT LAND-RESIDENTIAL | $38,000 | 155 ft |
| 521 LOGAN AVE N MINNEAPOLIS MN 55405 | NORDEAST PARTNERS LLC | APARTMENT | $507,000 | 158 ft |
| 512 MORGAN AVE N MINNEAPOLIS MN 55405 | PB INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $245,700 | 182 ft |
Most Recent Sale
Current Tax Year