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.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1041
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 1315 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | OLSON COURT PARK PLAZA LP | LOW INCOME RENTAL | $4,313,000 | 105 ft |
| 570 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $400,300 | 178 ft |
| 560 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | OLSON COURT PLAZA LTD PTSHP | APARTMENT | $10,877,400 | 246 ft |
| 525 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | OLSON COURT PARK PLAZA LP | LOW INCOME RENTAL | $15,127,000 | 259 ft |
| 1303 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | OLSON REDEVLPMNT I LTD PTNSP | LOW INCOME RENTAL | $18,450,000 | 280 ft |
| 435 GIRARD TER MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $1,541,600 | 432 ft |
| 1279 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $286,000 | 438 ft |
| 475 GIRARD TER MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $204,200 | 477 ft |
| 1300 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | SEED DAYCARE | COMMERCIAL-PREFERRED | $0 | 480 ft |
| 609 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS PK BOARD | LAND-COMMERCIAL | $0 | 534 ft |