ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
2 permits on record since 2025 · $33K total declared value · Most recent: Apr 2025 (misc)
Lionheart Building & Consultants
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 3 — medium-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 |
|---|---|---|---|---|
| 521 OLIVER AVE N MINNEAPOLIS MN 55405 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 42 ft |
| 515 OLIVER AVE N MINNEAPOLIS MN 55405 | ANTOINE D MARTIN | RESIDENTIAL | $240,500 | 43 ft |
| 525 OLIVER AVE N MINNEAPOLIS MN 55405 | ANGEL ALTORO | RESIDENTIAL | $317,000 | 101 ft |
| 518 PENN AVE N MINNEAPOLIS MN 55405 | PPL IRVING COMMONS LLC | LOW INCOME RENTAL | $315,000 | 138 ft |
| 2108 5TH AVE N MINNEAPOLIS MN 55405 | ERIC CHRISTENSEN | RESIDENTIAL | $185,000 | 141 ft |
| 2100 5TH AVE N MINNEAPOLIS MN 55405 | LUTHERAN G LAKE | RESIDENTIAL | $191,300 | 143 ft |
| 522 PENN AVE N MINNEAPOLIS MN 55405 | CAM GEORGE | RESIDENTIAL | $168,700 | 144 ft |
| 514 PENN AVE N MINNEAPOLIS MN 55405 | C SMITH & R C REDDING | RESIDENTIAL-TWO UNIT | $278,500 | 144 ft |
| 2112 5TH AVE N MINNEAPOLIS MN 55405 | JASON FRANZMAN | RESIDENTIAL-TWO UNIT | $372,200 | 151 ft |
| 526 PENN AVE N MINNEAPOLIS MN 55405 | PRINCE ETHEL DONNELL | RESIDENTIAL | $208,900 | 160 ft |
Current Tax Year