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 ↗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 ↗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 2018 · $33K total declared value · Most recent: May 2024 (private)
Ramsey Excavating Co Inc
AMERICAN AIR SUPPLY INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 77
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Most Recent Sale
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 |
|---|---|---|---|---|
| 2937 GARFIELD AVE MINNEAPOLIS MN 55408 | U S INTERNET CORP | COMMERCIAL-PREFERRED | $372,000 | 60 ft |
| 2933 GARFIELD AVE MINNEAPOLIS MN 55408 | COLIN L SIMPSON/DEBRA L RUDY | RESIDENTIAL-TWO UNIT | $336,500 | 100 ft |
| 550 LAKE ST W MINNEAPOLIS MN 55408 | 550 WEST LAKE STREET APTS LP | APARTMENT | $2,400,000 | 107 ft |
| 2929 GARFIELD AVE MINNEAPOLIS MN 55408 | J F ROMAIN & G ROMAIN | RESIDENTIAL-TWO UNIT | $271,100 | 140 ft |
| 2940 HARRIET AVE MINNEAPOLIS MN 55408 | 2936 HARRIET LLC | COMMERCIAL-PREFERRED | $701,500 | 142 ft |
| 2936 HARRIET AVE MINNEAPOLIS MN 55408 | 2936 HARRIET LLC | LAND-COMMERCIAL | $205,700 | 153 ft |
| 500 LAKE ST W MINNEAPOLIS MN 55408 | 500 WEST LAKE STREET APTS LP | APARTMENT | $21,808,000 | 162 ft |
| 2932 HARRIET AVE MINNEAPOLIS MN 55408 | C M & H Y WONG | RESIDENTIAL | $203,200 | 173 ft |
| 2940 GARFIELD AVE MINNEAPOLIS MN 55408 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 184 ft |
| 2944 GARFIELD AVE MINNEAPOLIS MN 55408 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 184 ft |