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 ↗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.
1 permit on record since 2025 · $14K total declared value · Most recent: Sep 2025 (emergency)
S & S Demolition 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
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,656 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2944 GRAND AVE S MINNEAPOLIS MN 55408 | ZESTINA PROPERTIES LLC | TRIPLEX | $445,600 | 34 ft |
| 2938 GRAND AVE S MINNEAPOLIS MN 55408 | P SONNESYN/S SONNESYN-NAGEL | RESIDENTIAL | $262,900 | 40 ft |
| 2948 GRAND AVE S MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | LAND-COMMERCIAL | $144,000 | 61 ft |
| 2932 GRAND AVE S MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | RESIDENTIAL | $400,500 | 80 ft |
| 2928 GRAND AVE S MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | RESIDENTIAL-TWO UNIT | $361,500 | 120 ft |
| 404 LAKE ST W MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,081,000 | 132 ft |
| 2941 HARRIET AVE MINNEAPOLIS MN 55408 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $540,700 | 140 ft |
| 2937 HARRIET AVE MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | RESIDENTIAL | $316,400 | 145 ft |
| 400 LAKE ST W MINNEAPOLIS MN 55408 | LE PROPERTIES LLC | LAND-COMMERCIAL | $159,600 | 154 ft |
| 2924 GRAND AVE S MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | TRIPLEX | $695,300 | 160 ft |
Most Recent Sale
Current Tax Year