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.
2 permits on record since 2018 · Most recent: Nov 2025 (existres)
Angell Aire Inc.
Swat Holdings LLC
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 2,692 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2112 GLENWOOD AVE MINNEAPOLIS MN 55405 | DELFINA CANAR OVILLO | RESIDENTIAL-TWO UNIT | $249,100 | 40 ft |
| 2104 GLENWOOD AVE MINNEAPOLIS MN 55405 | J D CRAPPEL & TERI L CRAPPEL | RESIDENTIAL | $251,000 | 54 ft |
| 2118 GLENWOOD AVE MINNEAPOLIS MN 55405 | SAUL PATRICIO PEREZ FARARDO | RESIDENTIAL | $191,300 | 99 ft |
| 2109 4TH AVE N MINNEAPOLIS MN 55405 | M QUIZPHI & M C QUIZPHI | RESIDENTIAL | $199,000 | 123 ft |
| 2111 4TH AVE N MINNEAPOLIS MN 55405 | STEADY PROPERTIES LLC | LOW INCOME RENTAL | $150,000 | 131 ft |
| 2101 4TH AVE N MINNEAPOLIS MN 55405 | ANGELES I ALVARADO ET AL | RESIDENTIAL-TWO UNIT | $322,000 | 135 ft |
| 2117 4TH AVE N MINNEAPOLIS MN 55405 | JOHN AUGUST PEDROW | RESIDENTIAL | $142,000 | 146 ft |
| 2022 GLENWOOD AVE MINNEAPOLIS MN 55405 | SHAWN LAUGHTON | RESIDENTIAL | $301,000 | 146 ft |
| 2122 GLENWOOD AVE MINNEAPOLIS MN 55405 | SARAH E POWELL | RESIDENTIAL | $214,800 | 157 ft |
| 2027 4TH AVE N MINNEAPOLIS MN 55405 | KARINA RAQUEL VAZQUEZ ETAL | RESIDENTIAL | $150,000 | 176 ft |
Most Recent Sale
Current Tax Year