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 59.02
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 627 FRANKLIN AVE E MINNEAPOLIS MN 55404 | BEST APARTMENTS LLC | APARTMENT | $5,326,000 | 121 ft |
| 2019 OAKLAND AVE MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAND TRST | — | $357,000 | 161 ft |
| 2012 OAKLAND AVE MINNEAPOLIS MN 55404 | HOPE COMMUNITY INC | VACANT LAND-RESIDENTIAL | $5,800 | 182 ft |
| 2014 OAKLAND AVE MINNEAPOLIS MN 55404 | SERGIO VELAZQUEZ MENDOZA | RESIDENTIAL | $271,000 | 196 ft |
| 611 FRANKLIN AVE E MINNEAPOLIS MN 55404 | FRANKLIN PRTLND GTWY PH I LP | LOW INCOME RENTAL | $3,686,500 | 201 ft |
| 628 FRANKLIN AVE E MINNEAPOLIS MN 55404 | LEE THOMAS PICKETT | CONDOMINIUM | $90,400 | 209 ft |
| 628 FRANKLIN AVE E MINNEAPOLIS MN 55404 | MICHAEL RICHMOND | CONDOMINIUM | $270,600 | 209 ft |
| 628 FRANKLIN AVE E MINNEAPOLIS MN 55404 | TATIANA MAI JENSEN | CONDOMINIUM | $270,600 | 209 ft |
| 628 FRANKLIN AVE E MINNEAPOLIS MN 55404 | BLISS AMY BENSON | CONDOMINIUM | $270,600 | 209 ft |
| 628 FRANKLIN AVE E MINNEAPOLIS MN 55404 | KATHRINE MELIA ARAGON GATES | — | $270,600 | 209 ft |