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 ↗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 ↗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 |
|---|---|---|---|---|
| 475 GIRARD TER MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $204,200 | 245 ft |
| 435 GIRARD TER MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $1,541,600 | 290 ft |
| 1134 VAN WHITE MEM BLVD MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 387 ft |
| 560 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | OLSON COURT PLAZA LTD PTSHP | APARTMENT | $10,877,400 | 417 ft |
| 1201 VAN WHITE MEM BLVD MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 426 ft |
| 570 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $400,300 | 464 ft |
| 1279 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $286,000 | 480 ft |
| 555 GIRARD TER MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | LAND - INDUSTRIAL | $0 | 484 ft |
| 1303 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | OLSON REDEVLPMNT I LTD PTNSP | LOW INCOME RENTAL | $18,450,000 | 540 ft |
| 1210 GLENWOOD AVE MINNEAPOLIS MN 55405 | THE LINK | COMMERCIAL-PREFERRED | $0 | 554 ft |