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.
6 permits on record since 2024 · $71K total declared value · Most recent: Jul 2025 (misc)
RENEWAL BY ANDERSEN CORP
Voyager Siding
Tundraland Home Improvements
Tundraland Home Improvements
RENEWAL BY ANDERSEN CORP
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 2,844 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1922 2ND AVE N MINNEAPOLIS MN 55405 | H A HAZZARD & K C LANDSVERK | RESIDENTIAL | $234,300 | 45 ft |
| 2000 2ND AVE N MINNEAPOLIS MN 55405 | K&E CAPITAL HOLDINGS LLC | RESIDENTIAL | $255,000 | 45 ft |
| 2004 2ND AVE N MINNEAPOLIS MN 55405 | MARI ONIE FINNEY | RESIDENTIAL | $201,000 | 91 ft |
| 1914 2ND AVE N MINNEAPOLIS MN 55405 | REBOOT PROPERTIES LLC | APARTMENT | $314,000 | 101 ft |
| 1929 3RD AVE N MINNEAPOLIS MN 55405 | SPENCER SERWIN | RESIDENTIAL | $205,400 | 128 ft |
| 1931 3RD AVE N MINNEAPOLIS MN 55405 | R J BOURASA & D C BOURASA | RESIDENTIAL | $179,900 | 128 ft |
| 2003 3RD AVE N MINNEAPOLIS MN 55405 | ANDERS OHM | RESIDENTIAL | $186,000 | 134 ft |
| 2008 2ND AVE N MINNEAPOLIS MN 55405 | JON J OLSON | RESIDENTIAL | $282,200 | 134 ft |
| 1925 3RD AVE N MINNEAPOLIS MN 55405 | R-B BRAKE & T A HUGHES | RESIDENTIAL | $189,400 | 141 ft |
| 2005 3RD AVE N MINNEAPOLIS MN 55405 | ANDREA M HUSMAN ET AL | RESIDENTIAL | $213,600 | 145 ft |
Most Recent Sale
Current Tax Year