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 ↗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.
4 permits on record since 2017 · $26K total declared value · Most recent: Jun 2019 (remodel)
Richard Goldman
A Frank Motzko Plumbing LLC
A Frank Motzko Plumbing LLC
ARUNYA DEVELOPMENT LLC
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 4,228 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 132 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | BRUCE M OLSON | RESIDENTIAL | $258,600 | 40 ft |
| 140 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | 140 CLR LLC | RESIDENTIAL | $168,000 | 45 ft |
| 128 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | KATHRYNE S CRAMER | RESIDENTIAL-TWO UNIT | $334,100 | 80 ft |
| 144 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | WAYNE SPAR | RESIDENTIAL | $238,000 | 95 ft |
| 124 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | ERIN KLOBE | RESIDENTIAL | $262,200 | 120 ft |
| 199 JAMES AVE N MINNEAPOLIS MN 55405 | 195-199 JAMES LLC | RESIDENTIAL-TWO UNIT | $240,300 | 149 ft |
| 195 JAMES AVE N MINNEAPOLIS MN 55405 | 195-199 JAMES LLC | VACANT LAND-APARTMENT | $72,000 | 155 ft |
| 152 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | MABELU M WERUTAW | RESIDENTIAL | $320,000 | 157 ft |
| 219 JAMES AVE N MINNEAPOLIS MN 55405 | CITY OF LAKES COMM LAND TRST | — | $355,200 | 157 ft |
| 120 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | B COPENHAVER & S COPENHAVER | RESIDENTIAL | $382,000 | 161 ft |
Most Recent Sale
Current Tax Year