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.
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1917 PARK AVE MINNEAPOLIS MN 55404 | ELLIOT PARK LODGE LLC | RESIDENTIAL | $465,000 | 40 ft |
| 1911 PARK AVE MINNEAPOLIS MN 55404 | BREAKAWAY INC | APARTMENT | $0 | 50 ft |
| 1923 PARK AVE MINNEAPOLIS MN 55404 | DANIEL M MEYER | TRIPLEX | $258,800 | 81 ft |
| 1909 PARK AVE MINNEAPOLIS MN 55404 | MAREER PROPERTIES LLC | APARTMENT | $672,000 | 111 ft |
| 1912 COLUMBUS AVE MINNEAPOLIS MN 55404 | XIAN JIN LI | RESIDENTIAL-TWO UNIT | $302,400 | 129 ft |
| 1916 COLUMBUS AVE MINNEAPOLIS MN 55404 | COMMUNITY RE-ENTRY SVCS LLC | APARTMENT | $319,000 | 130 ft |
| 1910 COLUMBUS AVE MINNEAPOLIS MN 55404 | ERLINDA GUINTO OCAMPO | RESIDENTIAL | $383,200 | 145 ft |
| 1920 COLUMBUS AVE MINNEAPOLIS MN 55404 | COMMUNITY RE-ENTRY SVCS LLC | APARTMENT | $414,000 | 151 ft |
| 1925 PARK AVE MINNEAPOLIS MN 55404 | PARK & FRANKLYN LOFTS LLC | APARTMENT | $5,320,000 | 163 ft |
| 1901 PARK AVE MINNEAPOLIS MN 55404 | EQUITY TRUST COMPANY CUST | TRIPLEX | $274,000 | 165 ft |
Most Recent Sale
Current Tax Year