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 ↗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.
1 permit on record since 2022 · $17K total declared value · Most recent: Sep 2022 (remodel)
Beth Louden
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Ventura Village · 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
Urban Neighborhood 2 — moderate-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 6,598 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1822 PARK AVE MINNEAPOLIS MN 55404 | 1822 PARK LLC | COMMERCIAL-PREFERRED | $126,600 | 70 ft |
| 1812 PARK AVE MINNEAPOLIS MN 55404 | LIFE CENTER | COMMERCIAL-PREFERRED | $0 | 98 ft |
| 1828 PARK AVE MINNEAPOLIS MN 55404 | ESSO APARTMENTS LLC | LOW INCOME RENTAL | $1,698,000 | 135 ft |
| 626 19TH ST E MINNEAPOLIS MN 55404 | BRICK LLC | APARTMENT | $588,000 | 184 ft |
| 1800 PARK AVE MINNEAPOLIS MN 55404 | PERSAUD PROPERTIES MANGT INC | APARTMENT | $2,214,000 | 197 ft |
| 625 18TH ST E MINNEAPOLIS MN 55404 | 615-625 18TH STREET LLC | APARTMENT | $2,957,000 | 222 ft |
| 1823 PARK AVE MINNEAPOLIS MN 55404 | JONATHAN ROBERT BENSON | RESIDENTIAL-TWO UNIT | $513,100 | 240 ft |
| 1825 PARK AVE MINNEAPOLIS MN 55404 | JON R BENSON & ANDREW HOWARD | TRIPLEX | $622,200 | 246 ft |
| 1815 PARK AVE MINNEAPOLIS MN 55404 | HOWARD REVOCABLE FAMILY TR | RESIDENTIAL | $507,000 | 254 ft |
| 1829 PARK AVE MINNEAPOLIS MN 55404 | JACQUELINE MCMILLAN | CONDOMINIUM | $188,700 | 269 ft |
Most Recent Sale
Current Tax Year