Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗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 ↗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.
1 permit on record since 2013 · $2.7M total declared value · Most recent: Dec 2013 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Seward · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1062
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 22,882 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 911 21ST AVE S MINNEAPOLIS MN 55404 | FIFZ REAL ESTATE LLC | APARTMENT | $1,294,000 | 118 ft |
| 919 21ST AVE S MINNEAPOLIS MN 55404 | BONJEAN PROPERTIES V LLC | RESIDENTIAL | $309,000 | 163 ft |
| 912 22ND AVE S MINNEAPOLIS MN 55404 | MINNESOTA REAL ESTATE LLC | APARTMENT | $2,257,000 | 163 ft |
| 923 21ST AVE S MINNEAPOLIS MN 55404 | 923 T & W LLC | APARTMENT | $1,137,000 | 213 ft |
| 2124 FRANKLIN AVE E MINNEAPOLIS MN 55404 | HOLIDAY STATIONSTORES INC | COMMERCIAL-PREFERRED | $1,509,000 | 279 ft |
| 2128 FRANKLIN AVE E MINNEAPOLIS MN 55404 | 2200 LLC | LAND-COMMERCIAL | $93,100 | 309 ft |
| 904 21ST AVE S MINNEAPOLIS MN 55404 | ELLIE'S PLACE LLC | APARTMENT | $4,562,000 | 332 ft |
| 924 21ST AVE S MINNEAPOLIS MN 55404 | JOSEPH M GRUNNET ET AL | APARTMENT | $587,000 | 382 ft |
| 2200 FRANKLIN AVE E MINNEAPOLIS MN 55404 | 2200 LLC | COMMERCIAL-PREFERRED | $2,808,000 | 428 ft |
| 2020 FRANKLIN AVE E MINNEAPOLIS MN 55404 | 2020 E FRANKLIN LLC | APARTMENT | $1,915,000 | 430 ft |
Most Recent Sale
Current Tax Year