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.
3 permits on record since 2021 · $29K total declared value · Most recent: Nov 2024 (res)
Farr Plumbing and Heating LLC
ASHCO EXTERIORS INC
McQuillan Bros Plumbing Heating & AC LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 5,261 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 112 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | TODD KEISTER | APARTMENT | $394,000 | 45 ft |
| 106 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | J A WOLF & K A GORDHAMER | RESIDENTIAL-TWO UNIT | $328,600 | 53 ft |
| 116 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $380,000 | 83 ft |
| 104 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | PETER A SCHULZE | RESIDENTIAL | $174,000 | 111 ft |
| 120 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | B COPENHAVER & S COPENHAVER | RESIDENTIAL | $382,000 | 122 ft |
| 175 JAMES AVE N MINNEAPOLIS MN 55405 | MALOOLY PROPERTIES LLC | COMMERCIAL-PREFERRED | $871,000 | 140 ft |
| 124 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | ERIN KLOBE | RESIDENTIAL | $262,200 | 162 ft |
| 113 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | DON OSTENSON TRUSTEE | RESIDENTIAL-TWO UNIT | $294,300 | 193 ft |
| 111 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | JEREMY ROBERT LUND | RESIDENTIAL | $197,600 | 196 ft |
| 128 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | KATHRYNE S CRAMER | RESIDENTIAL-TWO UNIT | $334,100 | 201 ft |
Most Recent Sale
Current Tax Year