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.
7 permits on record since 2019 · $28K total declared value · Most recent: Sep 2024 (existres)
TWIN CITY HEATING AND AIR
Minnesota Rusco Inc
Minnesota Rusco Inc
Minnesota Rusco Inc
Xpress Xteriors RSW
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 2,452 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1929 3RD AVE N MINNEAPOLIS MN 55405 | SPENCER SERWIN | RESIDENTIAL | $205,400 | 43 ft |
| 1921 3RD AVE N MINNEAPOLIS MN 55405 | T GRAUPMANN & K FABIN | RESIDENTIAL | $351,300 | 46 ft |
| 1931 3RD AVE N MINNEAPOLIS MN 55405 | R J BOURASA & D C BOURASA | RESIDENTIAL | $179,900 | 76 ft |
| 1915 3RD AVE N MINNEAPOLIS MN 55405 | TARA A SILTBERG | RESIDENTIAL | $262,400 | 98 ft |
| 2003 3RD AVE N MINNEAPOLIS MN 55405 | ANDERS OHM | RESIDENTIAL | $186,000 | 103 ft |
| 1922 2ND AVE N MINNEAPOLIS MN 55405 | H A HAZZARD & K C LANDSVERK | RESIDENTIAL | $234,300 | 128 ft |
| 2005 3RD AVE N MINNEAPOLIS MN 55405 | ANDREA M HUSMAN ET AL | RESIDENTIAL | $213,600 | 131 ft |
| 1914 2ND AVE N MINNEAPOLIS MN 55405 | REBOOT PROPERTIES LLC | APARTMENT | $314,000 | 133 ft |
| 1926 2ND AVE N MINNEAPOLIS MN 55405 | CRAIG A SMITH TRUST ET AL | RESIDENTIAL | $417,000 | 141 ft |
| 1911 3RD AVE N MINNEAPOLIS MN 55405 | HIEU HO & SAMANTHA HOCAO | RESIDENTIAL | $158,000 | 145 ft |
Most Recent Sale
Current Tax Year