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.
No permits found in Minneapolis open data for this parcel.
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 2,890 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2039 3RD AVE N MINNEAPOLIS MN 55405 | SAMUEL BRANSTAD | RESIDENTIAL | $197,100 | 46 ft |
| 2047 3RD AVE N MINNEAPOLIS MN 55405 | JUSTIN CRAMM | RESIDENTIAL | $350,000 | 60 ft |
| 2035 3RD AVE N MINNEAPOLIS MN 55405 | B KHAMMOUNGKHOUN ET AL | RESIDENTIAL | $198,600 | 85 ft |
| 2051 3RD AVE N MINNEAPOLIS MN 55405 | BIRCHWOOD BRANCHES LLC | RESIDENTIAL | $262,100 | 102 ft |
| 2031 3RD AVE N MINNEAPOLIS MN 55405 | CHRISTOPHER ANDERSON | RESIDENTIAL | $191,800 | 118 ft |
| 2108 2ND AVE N MINNEAPOLIS MN 55405 | TITHE INVESTMENTS LLC | APARTMENT | $392,000 | 134 ft |
| 242 PENN AVE N MINNEAPOLIS MN 55405 | SARAH DEIMEL ET AL | RESIDENTIAL | $250,100 | 138 ft |
| 2104 2ND AVE N MINNEAPOLIS MN 55405 | DENNIS M CLARK | RESIDENTIAL | $206,800 | 142 ft |
| 2055 3RD AVE N MINNEAPOLIS MN 55405 | JOHN R & JENNIFER A CLARNO | RESIDENTIAL | $275,100 | 144 ft |
| 2029 3RD AVE N MINNEAPOLIS MN 55405 | MATTHEW JAMES SCHROBER | RESIDENTIAL | $255,000 | 151 ft |
Most Recent Sale
Current Tax Year