ParcelLens
Property Intelligence · Twin Cities
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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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2006 · $2.9M total declared value · Most recent: Jun 2024 (roofwind)
Murphy Window & Door
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Sumner - Glenwood · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1034
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 851 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 26 ft |
| 430 BRYANT AVE N MINNEAPOLIS MN 55405 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 375 ft |
| 901 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | TWIN CITIES OPP IND CENTERS | COMMERCIAL-PREFERRED | $0 | 412 ft |
| 404 ALDRICH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 471 ft |
| 800 4TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 477 ft |
| 652 BRYANT AVE N MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 585 ft |
| 921 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | TWIN CITIES OPP IND CENTERS | COMMERCIAL-PREFERRED | $0 | 662 ft |
| 1004 5TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 665 ft |
| 900 4TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 722 ft |
| 1000 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 746 ft |
Current Tax Year