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 2019 · $12K total declared value · Most recent: Aug 2023 (misc)
Premier Systems Inc
THE HOME DEPOT
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 4,761 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 128 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | KATHRYNE S CRAMER | RESIDENTIAL-TWO UNIT | $334,100 | 40 ft |
| 120 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | B COPENHAVER & S COPENHAVER | RESIDENTIAL | $382,000 | 40 ft |
| 132 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | BRUCE M OLSON | RESIDENTIAL | $258,600 | 80 ft |
| 116 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $380,000 | 80 ft |
| 136 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | RESIDENTIAL-TWO UNIT | $403,300 | 120 ft |
| 112 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | TODD KEISTER | APARTMENT | $394,000 | 120 ft |
| 110 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | CATHARINE S BIRCH | RESIDENTIAL-TWO UNIT | $353,800 | 162 ft |
| 140 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | 140 CLR LLC | RESIDENTIAL | $168,000 | 165 ft |
| 187 JAMES AVE N MINNEAPOLIS MN 55405 | F & N PROPERTIES LLC | TRIPLEX | $352,200 | 187 ft |
| 191 JAMES AVE N MINNEAPOLIS MN 55405 | F & N ABELMANN LIVING TRUST | RESIDENTIAL | $73,000 | 188 ft |
Most Recent Sale
Current Tax Year