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.
3 permits on record since 2016 · $22K total declared value · Most recent: Nov 2023 (misc)
ASPEN CONTRACTING INC
Weld and Sons Plumbing Inc
B and B Plumbing 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 2,219 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2021 3RD AVE N MINNEAPOLIS MN 55405 | CLAIRE WASSON & ZACH WASSON | RESIDENTIAL | $287,000 | 37 ft |
| 2011 3RD AVE N MINNEAPOLIS MN 55405 | A B JACKSON & S JACKSON | RESIDENTIAL-TWO UNIT | $314,900 | 41 ft |
| 2023 3RD AVE N MINNEAPOLIS MN 55405 | N MAZZONI & J MAZZONI | RESIDENTIAL | $223,000 | 70 ft |
| 2007 3RD AVE N MINNEAPOLIS MN 55405 | TIMOTHY E DAVIS | RESIDENTIAL | $177,600 | 75 ft |
| 2005 3RD AVE N MINNEAPOLIS MN 55405 | ANDREA M HUSMAN ET AL | RESIDENTIAL | $213,600 | 103 ft |
| 2025 3RD AVE N MINNEAPOLIS MN 55405 | ABDULKADIR JAMA & KADRA JAMA | RESIDENTIAL | $476,000 | 103 ft |
| 2003 3RD AVE N MINNEAPOLIS MN 55405 | ANDERS OHM | RESIDENTIAL | $186,000 | 130 ft |
| 2012 2ND AVE N MINNEAPOLIS MN 55405 | TODD & SUSAN STENSON TRUST | RESIDENTIAL | $275,000 | 130 ft |
| 2029 3RD AVE N MINNEAPOLIS MN 55405 | MATTHEW JAMES SCHROBER | RESIDENTIAL | $255,000 | 136 ft |
| 2016 2ND AVE N MINNEAPOLIS MN 55405 | KATHRYN R KUISLE | RESIDENTIAL-TWO UNIT | $251,000 | 136 ft |
Most Recent Sale
Current Tax Year