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.
5 permits on record since 2018 · $5K total declared value · Most recent: Apr 2025 (misc)
Options Exteriors
FFM LLC
STAFFORD HOME SERVICE
Doran Enterprises INC
MR ROOTER PLUMBING OF THE TWIN CITIES
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 2,925 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2024 3RD AVE N MINNEAPOLIS MN 55405 | CHRISTOPHER DAMIAN | RESIDENTIAL | $371,000 | 41 ft |
| 2100 3RD AVE N MINNEAPOLIS MN 55405 | S DRAPER & J MONTGOMERY | RESIDENTIAL-TWO UNIT | $352,900 | 53 ft |
| 2014 3RD AVE N MINNEAPOLIS MN 55405 | PHILIP T BROOKS | RESIDENTIAL | $298,000 | 84 ft |
| 2104 3RD AVE N MINNEAPOLIS MN 55405 | TANNER C ANDERSON | RESIDENTIAL | $362,000 | 109 ft |
| 301 NEWTON AVE N MINNEAPOLIS MN 55405 | JOSEFINA PROPERTIES LLC | APARTMENT | $500,000 | 130 ft |
| 2021 GLENWOOD AVE MINNEAPOLIS MN 55405 | TURNING POINT INC | APARTMENT | $0 | 156 ft |
| 2105 GLENWOOD AVE MINNEAPOLIS MN 55405 | TURNING POINT INC. | APARTMENT | $0 | 158 ft |
| 2109 GLENWOOD AVE MINNEAPOLIS MN 55405 | EDWARD JAMES STRONGE | RESIDENTIAL-TWO UNIT | $338,900 | 180 ft |
| 2029 3RD AVE N MINNEAPOLIS MN 55405 | MATTHEW JAMES SCHROBER | RESIDENTIAL | $255,000 | 185 ft |
| 2025 3RD AVE N MINNEAPOLIS MN 55405 | ABDULKADIR JAMA & KADRA JAMA | RESIDENTIAL | $476,000 | 188 ft |
Most Recent Sale
Current Tax Year