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.
10 permits on record since 2018 · $129K total declared value · Most recent: Jul 2025 (misc)
RENEWAL BY ANDERSEN CORP
Midwest Roofing Siding and Windows Inc
Skyler Enterprises LLC
JERRY SCHAEFER
TEAM MECHANICAL 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 2 — moderate-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 2,984 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 418 NEWTON AVE N MINNEAPOLIS MN 55405 | ANTHONY KARLEN/ANDREA KARLEN | RESIDENTIAL | $247,400 | 40 ft |
| 424 NEWTON AVE N MINNEAPOLIS MN 55405 | JAIME LYNN STARLING | RESIDENTIAL | $461,000 | 61 ft |
| 414 NEWTON AVE N MINNEAPOLIS MN 55405 | CENTRAL CHURCH OF CHRIST | LAND-COMMERCIAL | $0 | 81 ft |
| 1909 5TH AVE N MINNEAPOLIS MN 55405 | IAN MATTHEW BUTLER-SEVERSON | RESIDENTIAL | $380,000 | 116 ft |
| 421 MORGAN AVE N MINNEAPOLIS MN 55405 | STEVEN F MELDAHL | RESIDENTIAL | $85,000 | 150 ft |
| 1905 5TH AVE N MINNEAPOLIS MN 55405 | TANYA WEST | RESIDENTIAL | $408,000 | 150 ft |
| 1922 4TH AVE N MINNEAPOLIS MN 55405 | MPLS CENTRAL CHRCH OF CHRIST | COMMERCIAL-PREFERRED | $0 | 157 ft |
| 413 MORGAN AVE N MINNEAPOLIS MN 55405 | RYAN STAFFARONI | RESIDENTIAL | $141,000 | 166 ft |
| 500 NEWTON AVE N MINNEAPOLIS MN 55405 | JOINT HEIR'S/CHRIST FTH INTR | COMMERCIAL-PREFERRED | $0 | 183 ft |
| 411 MORGAN AVE N MINNEAPOLIS MN 55405 | MICHAEL WALLACE | RESIDENTIAL-TWO UNIT | $251,100 | 186 ft |
Most Recent Sale
Current Tax Year