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
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 |
|---|---|---|---|---|
| 350 VAN WHITE MEM BLVD MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 350 ft |
| 408 GIRARD TER MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 387 ft |
| 300 FREMONT AVE N MINNEAPOLIS MN 55405 | GLENDALE 7TH DAY ADVENT CH | LAND-COMMERCIAL | $0 | 459 ft |
| 475 GIRARD TER MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $204,200 | 496 ft |
| 555 GIRARD TER MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | LAND - INDUSTRIAL | $0 | 516 ft |
| 1138 GLENWOOD AVE MINNEAPOLIS MN 55405 | LK REG CONF ASSOC OF S/D/A | COMMERCIAL-PREFERRED | $0 | 554 ft |
| 1100 GLENWOOD AVE MINNEAPOLIS MN 55405 | WASHBURN CENTER FOR CHILDREN | COMMERCIAL-PREFERRED | $0 | 561 ft |
| 301 FREMONT AVE N MINNEAPOLIS MN 55405 | 301 FREMONT LLC | COMMERCIAL-PREFERRED | $673,000 | 577 ft |
| 1201 VAN WHITE MEM BLVD MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 580 ft |
| 1210 GLENWOOD AVE MINNEAPOLIS MN 55405 | THE LINK | COMMERCIAL-PREFERRED | $0 | 629 ft |
Current Tax Year