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.
1 permit on record since 2003 · $120K total declared value · Most recent: Sep 2003 (building re-inspection)
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 3,675 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 218 GRAMERCY AVE N MINNEAPOLIS MN 55405 | MARCIA J GLANCY | RESIDENTIAL-TWO UNIT | $395,000 | 45 ft |
| 210 GRAMERCY AVE N MINNEAPOLIS MN 55405 | ERIK M CEDARLEAF DAHL ET AL | RESIDENTIAL | $417,000 | 46 ft |
| 222 GRAMERCY AVE N MINNEAPOLIS MN 55405 | KEVIN DAVID MOUA | RESIDENTIAL-TWO UNIT | $390,500 | 90 ft |
| 1624 2ND AVE N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $440,000 | 96 ft |
| 226 GRAMERCY AVE N MINNEAPOLIS MN 55405 | DAVID A HALVORSON REV TR | TRIPLEX | $380,600 | 135 ft |
| 1703 3RD AVE N MINNEAPOLIS MN 55405 | BRITA SWANSON | RESIDENTIAL | $327,000 | 142 ft |
| 1711 3RD AVE N MINNEAPOLIS MN 55405 | AMY MARIE KAY | RESIDENTIAL-TWO UNIT | $332,900 | 162 ft |
| 201 CEDAR LAKE RD N MINNEAPOLIS MN 55405 | R S GOLDMAN 2024 CH RE UNITR | APARTMENT | $688,000 | 167 ft |
| 1700 2ND AVE N MINNEAPOLIS MN 55405 | BRET J GANYO | RESIDENTIAL-TWO UNIT | $321,100 | 170 ft |
| 300 GRAMERCY AVE N MINNEAPOLIS MN 55405 | ISAAC PETERS & JOANNE PETERS | RESIDENTIAL-TWO UNIT | $362,200 | 180 ft |
Most Recent Sale
Current Tax Year