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 ↗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 ↗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.
11 permits on record since 2014 · $282K total declared value · Most recent: Oct 2023 (commercial minor)
Jayhawk Mechanical Inc
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning LLC
Jayhawk Mechanical Inc
Davis Mechanical Systems, Inc.
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
Residential Mixed-Use 1 — low-density mixed 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 110,777 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2200 FRANKLIN AVE E MINNEAPOLIS MN 55404 | 2200 LLC | COMMERCIAL-PREFERRED | $2,808,000 | 198 ft |
| 2219 FRANKLIN AVE E MINNEAPOLIS MN 55404 | CHARLES A HOFFMAN INC | COMMERCIAL-PREFERRED | $275,000 | 327 ft |
| 2209 FRANKLIN AVE E MINNEAPOLIS MN 55404 | MAEZEN RAS LLC | COMMERCIAL-PREFERRED | $916,000 | 334 ft |
| 2221 FRANKLIN AVE E MINNEAPOLIS MN 55404 | GREEN LIVING PROPERTIES LLC | RESIDENTIAL | $1,002,000 | 342 ft |
| 2128 FRANKLIN AVE E MINNEAPOLIS MN 55404 | 2200 LLC | LAND-COMMERCIAL | $93,100 | 347 ft |
| 2300 FRANKLIN AVE E MINNEAPOLIS MN 55406 | RIVERTON COMMUNITY HOUSING | COOPERATIVE HOUSING | $17,987,000 | 352 ft |
| 2300 FRANKLIN AVE E MINNEAPOLIS MN 55406 | FRANKLIN STUDENT HSG CO-OP | COOPERATIVE HOUSING | $106,000 | 352 ft |
| 2300 FRANKLIN AVE E MINNEAPOLIS MN 55406 | FRANKLIN STUDENT HSG CO-OP | COOPERATIVE HOUSING | $104,000 | 352 ft |
| 2300 FRANKLIN AVE E MINNEAPOLIS MN 55406 | FRANKLIN STUDENT HSG CO-OP | COOPERATIVE HOUSING | $106,000 | 352 ft |
| 2300 FRANKLIN AVE E MINNEAPOLIS MN 55406 | FRANKLIN STUDENT HSG CO-OP | COOPERATIVE HOUSING | $104,000 | 352 ft |
Current Tax Year