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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
1 permit on record since 2024 · $27K total declared value · Most recent: May 2024 (misc)
GALVIN HOME RENOVATIONS
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 4,107 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 328 GRAMERCY AVE N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $460,000 | 45 ft |
| 320 GRAMERCY AVE N MINNEAPOLIS MN 55405 | GREGORY J DAHL | RESIDENTIAL-TWO UNIT | $312,600 | 46 ft |
| 316 GRAMERCY AVE N MINNEAPOLIS MN 55405 | LANCE OBERT EGGUM | RESIDENTIAL | $181,400 | 90 ft |
| 1533 GLENWOOD AVE MINNEAPOLIS MN 55405 | ALFURQAAN ISLAMIC CENTER | COMMERCIAL-PREFERRED | $411,000 | 125 ft |
| 312 GRAMERCY AVE N MINNEAPOLIS MN 55405 | JASON RUSSELL DORNBUSCH | RESIDENTIAL | $239,700 | 135 ft |
| 301 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 139 ft |
| 1601 GLENWOOD AVE MINNEAPOLIS MN 55405 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 145 ft |
| 1525 GLENWOOD AVE MINNEAPOLIS MN 55405 | ALFURQAAN ISLAMIC CENTER | COMMERCIAL-PREFERRED | $0 | 163 ft |
| 243 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | LAUREN ZOELLNER | RESIDENTIAL | $240,100 | 175 ft |
| 247 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | J M FOLINE & J G FOLINE | RESIDENTIAL | $274,000 | 180 ft |
Most Recent Sale
Current Tax Year