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.
4 permits on record since 2023 · $32K total declared value · Most recent: Feb 2024 (misc)
SELA ROOFING AND REMODELING INC
4Front Energy Solutions Inc
CASTLE BUILDING & REMODELING INC
A Johnson Plumbing 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 4,240 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1929 2ND AVE N MINNEAPOLIS MN 55405 | AEDRIC RAIN DONOVAN | RESIDENTIAL | $305,800 | 52 ft |
| 1915 2ND AVE N MINNEAPOLIS MN 55405 | VICKY LYNN HOLLMON | RESIDENTIAL | $282,800 | 74 ft |
| 2001 2ND AVE N MINNEAPOLIS MN 55405 | VA LEE | RESIDENTIAL | $191,100 | 91 ft |
| 2005 2ND AVE N MINNEAPOLIS MN 55405 | N L KRUMHEUER REV LIV TRUST | RESIDENTIAL | $162,000 | 131 ft |
| 1909 2ND AVE N MINNEAPOLIS MN 55405 | LARRY MICHAEL SMITH | RESIDENTIAL | $233,500 | 142 ft |
| 2009 2ND AVE N MINNEAPOLIS MN 55405 | ERIC BLOM & CLAIRE SOISSON | RESIDENTIAL | $350,000 | 171 ft |
| 1922 2ND AVE N MINNEAPOLIS MN 55405 | H A HAZZARD & K C LANDSVERK | RESIDENTIAL | $234,300 | 180 ft |
| 1914 2ND AVE N MINNEAPOLIS MN 55405 | REBOOT PROPERTIES LLC | APARTMENT | $314,000 | 184 ft |
| 1926 2ND AVE N MINNEAPOLIS MN 55405 | CRAIG A SMITH TRUST ET AL | RESIDENTIAL | $417,000 | 189 ft |
| 219 MORGAN AVE N MINNEAPOLIS MN 55405 | BENJAMIN HINKE | RESIDENTIAL | $337,200 | 190 ft |
Current Tax Year