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.
3 permits on record since 2019 · $22K total declared value · Most recent: Aug 2024 (res)
AJ ALBERTS PLUMBING INC
LEGACY RESTORATION LLC
Daniel Wheeler
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 6,156 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 419 NEWTON AVE N MINNEAPOLIS MN 55405 | BONNIE MARK & SARA MARK | RESIDENTIAL | $241,900 | 60 ft |
| 429 NEWTON AVE N MINNEAPOLIS MN 55405 | RYAN LUTHI/LISA KUHLE-LUTHI | RESIDENTIAL-TWO UNIT | $386,100 | 62 ft |
| 415 NEWTON AVE N MINNEAPOLIS MN 55405 | CYNTHIA STENSON | RESIDENTIAL | $153,000 | 100 ft |
| 2009 5TH AVE N MINNEAPOLIS MN 55405 | EDWARD GREEN | VACANT LAND-RESIDENTIAL | $1,000 | 112 ft |
| 420 OLIVER AVE N MINNEAPOLIS MN 55405 | TITHE INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $328,300 | 131 ft |
| 426 OLIVER AVE N MINNEAPOLIS MN 55405 | EDWARD L GREEN | RESIDENTIAL | $326,000 | 138 ft |
| 411 NEWTON AVE N MINNEAPOLIS MN 55405 | BRIAN V LECY | RESIDENTIAL-TWO UNIT | $303,900 | 140 ft |
| 414 OLIVER AVE N MINNEAPOLIS MN 55405 | KENNEY W LAKE | RESIDENTIAL | $279,000 | 157 ft |
| 501 NEWTON AVE N MINNEAPOLIS MN 55405 | C KOZA & K CASANOVA | RESIDENTIAL-TWO UNIT | $325,200 | 166 ft |
| 407 NEWTON AVE N MINNEAPOLIS MN 55405 | SHANTE BERRY | RESIDENTIAL-TWO UNIT | $282,300 | 180 ft |
Most Recent Sale
Current Tax Year