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 ↗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 ↗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.
2 permits on record since 2019 · $410K total declared value · Most recent: May 2025 (commfdnr)
Gilbert Mechanical Contractors LLC
IDEAL ENERGIES LLC
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
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 |
|---|---|---|---|---|
| 921 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | TWIN CITIES OPP IND CENTERS | COMMERCIAL-PREFERRED | $0 | 306 ft |
| 1004 5TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 376 ft |
| 961 5TH AVE N MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 457 ft |
| 555 GIRARD TER MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | LAND - INDUSTRIAL | $0 | 469 ft |
| 611 VAN WHITE MEM BLVD MINNEAPOLIS MN 55411 | COUNTY OF HENNEPIN | COMMERCIAL-PREFERRED | $0 | 525 ft |
| 636 VAN WHITE MEM BLVD MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 542 ft |
| 901 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | TWIN CITIES OPP IND CENTERS | COMMERCIAL-PREFERRED | $0 | 559 ft |
| 1000 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 586 ft |
| 1134 VAN WHITE MEM BLVD MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 633 ft |
| 1200 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | WAYMAN AFRICAN METH EPIS CH | LAND-COMMERCIAL | $0 | 649 ft |