Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
1 permit on record since 2023 · $8K total declared value · Most recent: Sep 2023 (misc)
R DAVIS CONSTRUCTION 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 3,261 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 180 MORGAN AVE N MINNEAPOLIS MN 55405 | PETER HELTNE | RESIDENTIAL | $271,700 | 45 ft |
| 1814 CHESTNUT AVE W MINNEAPOLIS MN 55405 | N OHLROGGEN & C S BIRCH | APARTMENT | $365,100 | 45 ft |
| 1810 CHESTNUT AVE W MINNEAPOLIS MN 55405 | STEADY PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $344,400 | 90 ft |
| 190 MORGAN AVE N MINNEAPOLIS MN 55405 | G L LARSON & R E LARSON | RESIDENTIAL | $220,000 | 94 ft |
| 194 MORGAN AVE N MINNEAPOLIS MN 55405 | OCTAVIO VALENCIA AMARO | RESIDENTIAL | $252,300 | 127 ft |
| 1806 CHESTNUT AVE W MINNEAPOLIS MN 55405 | MAUREEN CONLEY | RESIDENTIAL | $299,900 | 134 ft |
| 191 LOGAN AVE N MINNEAPOLIS MN 55405 | STEPHANIE ANN HOULE | RESIDENTIAL | $218,000 | 162 ft |
| 198 MORGAN AVE N MINNEAPOLIS MN 55405 | B R MELAND & EMILY G MELAND | TRIPLEX | $365,500 | 167 ft |
| 1815 CHESTNUT AVE W MINNEAPOLIS MN 55405 | JONATHAN ROBERTS | RESIDENTIAL | $286,400 | 168 ft |
| 1801 CHESTNUT AVE W MINNEAPOLIS MN 55405 | CITY OF MPLS PARK BOARD | VACANT LAND-RESIDENTIAL | $0 | 168 ft |
Most Recent Sale
Current Tax Year