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 2018 · $5K total declared value · Most recent: Apr 2018 (res)
Seabass Plumbing LLC
Brandon R Meland
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,624 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 194 MORGAN AVE N MINNEAPOLIS MN 55405 | OCTAVIO VALENCIA AMARO | RESIDENTIAL | $252,300 | 40 ft |
| 200 MORGAN AVE N MINNEAPOLIS MN 55405 | GINA FOX LIPKIN | RESIDENTIAL | $236,500 | 40 ft |
| 190 MORGAN AVE N MINNEAPOLIS MN 55405 | G L LARSON & R E LARSON | RESIDENTIAL | $220,000 | 73 ft |
| 206 MORGAN AVE N MINNEAPOLIS MN 55405 | DIANE K BERNTHAL | RESIDENTIAL | $212,000 | 80 ft |
| 210 MORGAN AVE N MINNEAPOLIS MN 55405 | PAUL C STERN ET AL | RESIDENTIAL-TWO UNIT | $358,300 | 120 ft |
| 199 LOGAN AVE N MINNEAPOLIS MN 55405 | CHERYL J LEACH | RESIDENTIAL | $191,000 | 141 ft |
| 121 MORGAN AVE N MINNEAPOLIS MN 55405 | CITY OF MPLS PARK BD | VACANT LAND-RESIDENTIAL | $0 | 145 ft |
| 203 LOGAN AVE N MINNEAPOLIS MN 55405 | CHARLES F BOIGENZAHN ET AL | RESIDENTIAL | $349,000 | 146 ft |
| 195 LOGAN AVE N MINNEAPOLIS MN 55405 | MATTHEW DARLING | RESIDENTIAL | $195,600 | 147 ft |
| 214 MORGAN AVE N MINNEAPOLIS MN 55405 | TITHE INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $293,800 | 160 ft |
Most Recent Sale
Current Tax Year