Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 ↗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 |
|---|---|---|---|---|
| 1303 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | OLSON REDEVLPMNT I LTD PTNSP | LOW INCOME RENTAL | $18,450,000 | 172 ft |
| 580 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $106,500 | 178 ft |
| 1315 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | OLSON COURT PARK PLAZA LP | LOW INCOME RENTAL | $4,313,000 | 194 ft |
| 560 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | OLSON COURT PLAZA LTD PTSHP | APARTMENT | $10,877,400 | 194 ft |
| 1279 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $286,000 | 288 ft |
| 475 GIRARD TER MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $204,200 | 299 ft |
| 435 GIRARD TER MINNEAPOLIS MN 55405 | CHDC LIMITED PARTNERSHIP I | VACANT LAND-APARTMENT | $1,541,600 | 342 ft |
| 525 HUMBOLDT AVE N MINNEAPOLIS MN 55405 | OLSON COURT PARK PLAZA LP | LOW INCOME RENTAL | $15,127,000 | 418 ft |
| 408 GIRARD TER MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | VACANT LAND-APARTMENT | $0 | 464 ft |
| 555 GIRARD TER MINNEAPOLIS MN 55405 | MPLS PUBLIC HOUSING AUTH | LAND - INDUSTRIAL | $0 | 506 ft |