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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
4 permits on record since 2002 · $3.7M total declared value · Most recent: Oct 2025 (roofwind)
ML Beasley Roofing
FRERICHS CONSTRUCTION CO
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 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
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 |
|---|---|---|---|---|
| 2600 FRANKLIN AVE E MINNEAPOLIS MN 55406 | 4TH NW NATL BANK | COMMERCIAL-PREFERRED | $2,625,000 | 218 ft |
| 2500 FRANKLIN AVE E MINNEAPOLIS MN 55406 | SEWARD TOWERS RENOVATION | LOW INCOME RENTAL | $623,000 | 338 ft |
| 2618 FRANKLIN AVE E MINNEAPOLIS MN 55406 | ZIPP'S OF MINNEAPOLIS L P | COMMERCIAL-PREFERRED | $1,076,000 | 364 ft |
| 2601 FRANKLIN AVE E MINNEAPOLIS MN 55406 | NATIFS HOLDINGS LLC | COMMERCIAL-PREFERRED | $1,998,000 | 436 ft |
| 2525 FRANKLIN AVE E MINNEAPOLIS MN 55406 | FIVE SQUARE LLC | COMMERCIAL-PREFERRED | $1,660,000 | 445 ft |
| 2609 FRANKLIN AVE E MINNEAPOLIS MN 55406 | NATIFS HOLDINGS LLC | LAND-COMMERCIAL | $90,300 | 450 ft |
| 2602 RIVERSIDE AVE MINNEAPOLIS MN 55454 | RIVERSIDE PARK CONDO ASSN | VACANT LAND-RESIDENTIAL | $1,000 | 456 ft |
| 2604 RIVERSIDE AVE MINNEAPOLIS MN 55454 | RIVERSIDE PARK CONDO ASSN | VACANT LAND-RESIDENTIAL | $1,000 | 462 ft |
| 2425 9TH ST S MINNEAPOLIS MN 55406 | EARTH SHELTERED OWNERS ASSOC | COMMON AREA | $0 | 477 ft |
| 2517 RIVERSIDE AVE MINNEAPOLIS MN 55454 | MAIN ST PROPERTY MNGMT LLC | COMMERCIAL-PREFERRED | $649,000 | 483 ft |