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 2021 · $22K total declared value · Most recent: Apr 2024 (misc)
STORM GROUP ROOFING LLC
LEGACY RESTORATION LLC
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 2,761 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 240 MORGAN AVE N MINNEAPOLIS MN 55405 | IGLESIA CRISTIANA INT GET IN | COMMERCIAL-PREFERRED | $0 | 54 ft |
| 250 MORGAN AVE N MINNEAPOLIS MN 55405 | B A BRADY & BRE-CHAI K BRADY | RESIDENTIAL | $208,100 | 69 ft |
| 1814 2ND AVE N MINNEAPOLIS MN 55405 | JAMES MULLALY | RESIDENTIAL | $416,000 | 77 ft |
| 1817 3RD AVE N MINNEAPOLIS MN 55405 | JAMES KERMIT KANTOROWICZ | RESIDENTIAL | $229,700 | 107 ft |
| 1810 2ND AVE N MINNEAPOLIS MN 55405 | KATE BACON/MELISSA MASLOWSKI | RESIDENTIAL | $253,600 | 117 ft |
| 1815 3RD AVE N MINNEAPOLIS MN 55405 | STEPHEN WEBB | RESIDENTIAL | $246,700 | 126 ft |
| 1821 3RD AVE N MINNEAPOLIS MN 55405 | MARK W MULLON | RESIDENTIAL | $243,800 | 129 ft |
| 245 MORGAN AVE N MINNEAPOLIS MN 55405 | JOAN K BENIMON | RESIDENTIAL | $255,200 | 148 ft |
| 241 MORGAN AVE N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | VACANT LAND-RESIDENTIAL | $1,100 | 152 ft |
| 1811 3RD AVE N MINNEAPOLIS MN 55405 | ETHAN ARNOLD | RESIDENTIAL | $289,200 | 153 ft |
Most Recent Sale
Current Tax Year