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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 · $16K total declared value · Most recent: Dec 2025 (commercial minor)
ST PAUL PLUMBING AND HEATING CO INC
ST PAUL PLUMBING AND HEATING CO INC
Warners Stellian Co Inc
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
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.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 6,999 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2101 5TH AVE N MINNEAPOLIS MN 55405 | DUANE GUNDERSON ET AL | RESIDENTIAL | $198,400 | 67 ft |
| 2115 5TH AVE N MINNEAPOLIS MN 55405 | GENE FRANK BRIDGES | RESIDENTIAL | $167,000 | 79 ft |
| 417 OLIVER AVE N MINNEAPOLIS MN 55405 | KELLEY HERMES | RESIDENTIAL | $244,800 | 84 ft |
| 422 PENN AVE N MINNEAPOLIS MN 55405 | ERIC A JOHNSTON | RESIDENTIAL-TWO UNIT | $317,100 | 121 ft |
| 411 OLIVER AVE N MINNEAPOLIS MN 55405 | TITHE INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $255,900 | 132 ft |
| 418 PENN AVE N MINNEAPOLIS MN 55405 | ARNOLD P SCHOLL | VACANT LAND-RESIDENTIAL | $28,000 | 140 ft |
| 414 PENN AVE N MINNEAPOLIS MN 55405 | KAY F SMITH | RESIDENTIAL | $244,000 | 167 ft |
| 2108 5TH AVE N MINNEAPOLIS MN 55405 | ERIC CHRISTENSEN | RESIDENTIAL | $185,000 | 185 ft |
| 2112 5TH AVE N MINNEAPOLIS MN 55405 | JASON FRANZMAN | RESIDENTIAL-TWO UNIT | $372,200 | 189 ft |
| 2106 4TH AVE N MINNEAPOLIS MN 55405 | R A & M G VELAZQUEZ | RESIDENTIAL-TWO UNIT | $306,200 | 191 ft |
Most Recent Sale
Current Tax Year