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.
2 permits on record since 2017 · $6K total declared value · Most recent: Jun 2020 (misc)
KAUFMAN SHEET METAL ROOFING INC
STANDARD WATER CONTROL SYSTEMS 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 2,654 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1924 3RD AVE N MINNEAPOLIS MN 55405 | HIEU HO | RESIDENTIAL | $201,000 | 36 ft |
| 1930 3RD AVE N MINNEAPOLIS MN 55405 | CAITLIN ELGIN TRUST | RESIDENTIAL | $502,000 | 43 ft |
| 1920 3RD AVE N MINNEAPOLIS MN 55405 | SKYLER SUTHERLIN/GAVIN LOBE | RESIDENTIAL | $349,600 | 74 ft |
| 1936 3RD AVE N MINNEAPOLIS MN 55405 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 98 ft |
| 1916 3RD AVE N MINNEAPOLIS MN 55405 | CARY SAVAY | RESIDENTIAL | $234,200 | 114 ft |
| 1912 3RD AVE N MINNEAPOLIS MN 55405 | JOHN BIGLOW & CHLOE CARDINAL | RESIDENTIAL | $364,000 | 154 ft |
| 2001 GLENWOOD AVE MINNEAPOLIS MN 55405 | RYAN DAVIS | RESIDENTIAL-TWO UNIT | $414,100 | 155 ft |
| 1931 GLENWOOD AVE MINNEAPOLIS MN 55405 | MARY COLEMAN | RESIDENTIAL | $263,300 | 156 ft |
| 2005 GLENWOOD AVE MINNEAPOLIS MN 55405 | MARIAM LLC | TRIPLEX | $69,000 | 169 ft |
| 1925 GLENWOOD AVE MINNEAPOLIS MN 55405 | S L MCMILLIAN & K M JOYCE | RESIDENTIAL-TWO UNIT | $382,400 | 171 ft |
Most Recent Sale
Current Tax Year