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 2023 · $10K total declared value · Most recent: Nov 2023 (misc)
Options Exteriors
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
Residential Mixed-Use 1 — low-density mixed 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 2,701 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 418 PENN AVE N MINNEAPOLIS MN 55405 | ARNOLD P SCHOLL | VACANT LAND-RESIDENTIAL | $28,000 | 40 ft |
| 400 PENN AVE N MINNEAPOLIS MN 55405 | IRENE FERNANDO | RESIDENTIAL | $285,000 | 86 ft |
| 2118 4TH AVE N MINNEAPOLIS MN 55405 | NOOSHILON VANG | RESIDENTIAL | $208,700 | 88 ft |
| 2108 4TH AVE N MINNEAPOLIS MN 55405 | MARIA ADALAIDA | RESIDENTIAL | $209,500 | 100 ft |
| 422 PENN AVE N MINNEAPOLIS MN 55405 | ERIC A JOHNSTON | RESIDENTIAL-TWO UNIT | $317,100 | 117 ft |
| 417 OLIVER AVE N MINNEAPOLIS MN 55405 | KELLEY HERMES | RESIDENTIAL | $244,800 | 138 ft |
| 2106 4TH AVE N MINNEAPOLIS MN 55405 | R A & M G VELAZQUEZ | RESIDENTIAL-TWO UNIT | $306,200 | 143 ft |
| 2115 5TH AVE N MINNEAPOLIS MN 55405 | GENE FRANK BRIDGES | RESIDENTIAL | $167,000 | 165 ft |
| 411 OLIVER AVE N MINNEAPOLIS MN 55405 | TITHE INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $255,900 | 165 ft |
| 2107 5TH AVE N MINNEAPOLIS MN 55405 | 2107 5TH AV N TR #2507301448 | APARTMENT | $289,000 | 167 ft |
Current Tax Year