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 ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
No permits found in Minneapolis open data for this parcel.
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 sfr / adu benchmarks for 320 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 422 PENN AVE N MINNEAPOLIS MN 55405 | ERIC A JOHNSTON | RESIDENTIAL-TWO UNIT | $317,100 | 66 ft |
| 2107 5TH AVE N MINNEAPOLIS MN 55405 | 2107 5TH AV N TR #2507301448 | APARTMENT | $289,000 | 79 ft |
| 418 PENN AVE N MINNEAPOLIS MN 55405 | ARNOLD P SCHOLL | VACANT LAND-RESIDENTIAL | $28,000 | 127 ft |
| 2101 5TH AVE N MINNEAPOLIS MN 55405 | DUANE GUNDERSON ET AL | RESIDENTIAL | $198,400 | 142 ft |
| 417 OLIVER AVE N MINNEAPOLIS MN 55405 | KELLEY HERMES | RESIDENTIAL | $244,800 | 148 ft |
| 2116 5TH AVE N MINNEAPOLIS MN 55405 | MAMIE H DINKINS | RESIDENTIAL | $212,600 | 148 ft |
| 2112 5TH AVE N MINNEAPOLIS MN 55405 | JASON FRANZMAN | RESIDENTIAL-TWO UNIT | $372,200 | 150 ft |
| 2118 5TH AVE N MINNEAPOLIS MN 55405 | CHRISTINE ZENE-GARCES | RESIDENTIAL | $230,500 | 156 ft |
| 2108 5TH AVE N MINNEAPOLIS MN 55405 | ERIC CHRISTENSEN | RESIDENTIAL | $185,000 | 163 ft |
| 414 PENN AVE N MINNEAPOLIS MN 55405 | KAY F SMITH | RESIDENTIAL | $244,000 | 165 ft |
Current Tax Year