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 ↗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.
5 permits on record since 2020 · $36K total declared value · Most recent: Nov 2024 (misc)
Weathertek LLC
Weathertek LLC
Adam's On-Time Plumbing & Water Heaters LLC
Residential Heating and Air Conditioning Inc
TOTAL COMFORT
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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,550 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2116 5TH AVE N MINNEAPOLIS MN 55405 | MAMIE H DINKINS | RESIDENTIAL | $212,600 | 40 ft |
| 2108 5TH AVE N MINNEAPOLIS MN 55405 | ERIC CHRISTENSEN | RESIDENTIAL | $185,000 | 40 ft |
| 2118 5TH AVE N MINNEAPOLIS MN 55405 | CHRISTINE ZENE-GARCES | RESIDENTIAL | $230,500 | 80 ft |
| 2100 5TH AVE N MINNEAPOLIS MN 55405 | LUTHERAN G LAKE | RESIDENTIAL | $191,300 | 93 ft |
| 515 OLIVER AVE N MINNEAPOLIS MN 55405 | ANTOINE D MARTIN | RESIDENTIAL | $240,500 | 113 ft |
| 504 PENN AVE N MINNEAPOLIS MN 55405 | M SISOMNUK & J SISOMNUK | RESIDENTIAL | $167,600 | 119 ft |
| 514 PENN AVE N MINNEAPOLIS MN 55405 | C SMITH & R C REDDING | RESIDENTIAL-TWO UNIT | $278,500 | 124 ft |
| 2115 5TH AVE N MINNEAPOLIS MN 55405 | GENE FRANK BRIDGES | RESIDENTIAL | $167,000 | 150 ft |
| 519 OLIVER AVE N MINNEAPOLIS MN 55405 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 151 ft |
| 518 PENN AVE N MINNEAPOLIS MN 55405 | PPL IRVING COMMONS LLC | LOW INCOME RENTAL | $315,000 | 160 ft |
Most Recent Sale
Current Tax Year