Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
9 permits on record since 2016 · $67K total declared value · Most recent: Feb 2026 (remodel)
Becker Building & Remodeling LLC
GUARANTEED ROOFING AND SIDING
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 4,552 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1718 3RD AVE N MINNEAPOLIS MN 55405 | N L KRUMHEUER REV LIV TRUST | RESIDENTIAL | $220,800 | 62 ft |
| 1700 3RD AVE N MINNEAPOLIS MN 55405 | KHOURY HOLDINGS LLC | APARTMENT | $338,000 | 84 ft |
| 1720 3RD AVE N MINNEAPOLIS MN 55405 | N L KRUMHEUER REV LIV TRUST | RESIDENTIAL | $246,000 | 119 ft |
| 308 LOGAN AVE N MINNEAPOLIS MN 55405 | MILTON G ULFERTS | RESIDENTIAL | $239,300 | 141 ft |
| 1707 GLENWOOD AVE MINNEAPOLIS MN 55405 | GLENWOOD TERRACE L.L.C | APARTMENT | $2,088,000 | 147 ft |
| 1703 3RD AVE N MINNEAPOLIS MN 55405 | BRITA SWANSON | RESIDENTIAL | $327,000 | 153 ft |
| 305 GRAMERCY AVE N MINNEAPOLIS MN 55405 | AMY JEAN BAUMGARTNER | RESIDENTIAL | $246,400 | 157 ft |
| 1711 3RD AVE N MINNEAPOLIS MN 55405 | AMY MARIE KAY | RESIDENTIAL-TWO UNIT | $332,900 | 177 ft |
| 1715 GLENWOOD AVE MINNEAPOLIS MN 55405 | 2100 GRAND AVE S LLC | RESIDENTIAL-TWO UNIT | $295,300 | 179 ft |
| 1717 3RD AVE N MINNEAPOLIS MN 55405 | STEPHEN CRAIG GLOVER | RESIDENTIAL | $251,400 | 188 ft |
Most Recent Sale
Current Tax Year