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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
2 permits on record since 2021 · $9K total declared value · Most recent: Feb 2024 (roofwind)
ASHCO EXTERIORS INC
CHAMPION PLUMBING LLC
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 |
|---|---|---|---|---|
| 1818 CHESTNUT AVE W MINNEAPOLIS MN 55405 | SASSY HOME LLC | RESIDENTIAL | $260,900 | 45 ft |
| 1810 CHESTNUT AVE W MINNEAPOLIS MN 55405 | STEADY PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $344,400 | 45 ft |
| 1806 CHESTNUT AVE W MINNEAPOLIS MN 55405 | MAUREEN CONLEY | RESIDENTIAL | $299,900 | 89 ft |
| 180 MORGAN AVE N MINNEAPOLIS MN 55405 | PETER HELTNE | RESIDENTIAL | $271,700 | 90 ft |
| 190 MORGAN AVE N MINNEAPOLIS MN 55405 | G L LARSON & R E LARSON | RESIDENTIAL | $220,000 | 106 ft |
| 191 LOGAN AVE N MINNEAPOLIS MN 55405 | STEPHANIE ANN HOULE | RESIDENTIAL | $218,000 | 126 ft |
| 1802 CHESTNUT AVE W MINNEAPOLIS MN 55405 | LUMASEKELA FELIX | RESIDENTIAL-TWO UNIT | $463,700 | 134 ft |
| 194 MORGAN AVE N MINNEAPOLIS MN 55405 | OCTAVIO VALENCIA AMARO | RESIDENTIAL | $252,300 | 136 ft |
| 195 LOGAN AVE N MINNEAPOLIS MN 55405 | MATTHEW DARLING | RESIDENTIAL | $195,600 | 157 ft |
| 1815 CHESTNUT AVE W MINNEAPOLIS MN 55405 | JONATHAN ROBERTS | RESIDENTIAL | $286,400 | 157 ft |
Most Recent Sale
Current Tax Year