ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗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 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,628 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 245 IRVING AVE N MINNEAPOLIS MN 55405 | MELODY M PERKINS | RESIDENTIAL | $269,400 | 40 ft |
| 224 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | LHF CAPITAL LLC | APARTMENT | $929,000 | 77 ft |
| 243 IRVING AVE N MINNEAPOLIS MN 55405 | JOHN W & APRIL W FLECK | RESIDENTIAL | $320,000 | 80 ft |
| 208 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | BILL T BARON & LORI I BARON | VACANT LAND-APARTMENT | $36,100 | 118 ft |
| 239 IRVING AVE N MINNEAPOLIS MN 55405 | A D BARON & W BARON | APARTMENT | $422,000 | 120 ft |
| 235 IRVING AVE N MINNEAPOLIS MN 55405 | MICHAEL CARROLL | VACANT LAND-RESIDENTIAL | $67,000 | 160 ft |
| 204 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | BILL T BARON & LORI I BARON | APARTMENT | $372,000 | 174 ft |
| 250 IRVING AVE N MINNEAPOLIS MN 55405 | 2100 GRAND AVE S LLC | RESIDENTIAL | $174,800 | 187 ft |
| 254 IRVING AVE N MINNEAPOLIS MN 55405 | D JOHNSON & M LAUDERT | RESIDENTIAL | $159,000 | 191 ft |
| 246 IRVING AVE N MINNEAPOLIS MN 55405 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 192 ft |
Most Recent Sale
Current Tax Year