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.
2 permits on record since 2023 · $7K total declared value · Most recent: Dec 2025 (res)
Tri County Water Conditioning, Inc.
BELLA REMODELING AND ROOFING
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 3,205 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 127 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | GREGORY D HUONDER | RESIDENTIAL | $150,000 | 45 ft |
| 117 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | BRYAN T VLASAK | RESIDENTIAL-TWO UNIT | $283,600 | 48 ft |
| 129 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | ANTHONY DAVID PEARSON | RESIDENTIAL-TWO UNIT | $323,800 | 90 ft |
| 196 LOGAN AVE N MINNEAPOLIS MN 55405 | T R VLASAK & S A VLASAK | RESIDENTIAL | $226,300 | 95 ft |
| 206 LOGAN AVE N MINNEAPOLIS MN 55405 | JEFFREY & ELIZABETH LINDERS | RESIDENTIAL-TWO UNIT | $343,300 | 105 ft |
| 210 LOGAN AVE N MINNEAPOLIS MN 55405 | C KARSELL & Z GONET | RESIDENTIAL | $221,000 | 119 ft |
| 133 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | JEFFREY D SWANBERG | RESIDENTIAL | $225,400 | 129 ft |
| 194 LOGAN AVE N MINNEAPOLIS MN 55405 | REBECCA KELLY | RESIDENTIAL | $280,600 | 137 ft |
| 214 LOGAN AVE N MINNEAPOLIS MN 55405 | GROSSMAN PSAROUTHAKIS TRUST | RESIDENTIAL | $304,000 | 144 ft |
| 141 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | ROBERT GILLEM | VACANT LAND-RESIDENTIAL | $51,000 | 168 ft |
Most Recent Sale
Current Tax Year