Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
No permits found in Minneapolis open data for this parcel.
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
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1004 5TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 136 ft |
| 900 4TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 197 ft |
| 921 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | TWIN CITIES OPP IND CENTERS | COMMERCIAL-PREFERRED | $0 | 348 ft |
| 901 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | TWIN CITIES OPP IND CENTERS | COMMERCIAL-PREFERRED | $0 | 433 ft |
| 1101 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | TWIN CITIES OPP IND CENTERS | COMMERCIAL-PREFERRED | $0 | 457 ft |
| 430 BRYANT AVE N MINNEAPOLIS MN 55405 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 501 ft |
| 1015 4TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 502 ft |
| 901 4TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 573 ft |
| 800 4TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 600 ft |
| 320 BRYANT AVE N MINNEAPOLIS MN 55405 | MARKS HOLDING COMPANY LLC | COMMERCIAL-PREFERRED | $547,000 | 644 ft |