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 2017 · Most recent: Jan 2017 (res)
CENTERPOINT ENERGY
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 2,394 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 625 19TH ST E MINNEAPOLIS MN 55404 | ST PAUL'S EVAN LUTH CHURCH | RESIDENTIAL-TWO UNIT | $273,700 | 50 ft |
| 615 19TH ST E MINNEAPOLIS MN 55404 | TAM HUU PHAM | RESIDENTIAL-TWO UNIT | $276,200 | 50 ft |
| 629 19TH ST E MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 100 ft |
| 624 FRANKLIN AVE E MINNEAPOLIS MN 55404 | THE STRAITGATE CHURCH INC | COMMERCIAL-PREFERRED | $0 | 124 ft |
| 631 19TH ST E MINNEAPOLIS MN 55404 | BRICK LLC | VACANT LAND-APARTMENT | $65,000 | 150 ft |
| 1901 PORTLAND AVE MINNEAPOLIS MN 55404 | ST PAULS EVANGELICAL LUTH CH | COMMERCIAL-PREFERRED | $0 | 170 ft |
| 626 19TH ST E MINNEAPOLIS MN 55404 | BRICK LLC | APARTMENT | $588,000 | 196 ft |
| 1829 PORTLAND AVE MINNEAPOLIS MN 55404 | RS EDEN PORTLAND VILLAGE LP | APARTMENT | $3,211,000 | 243 ft |
| 1900 PARK AVE MINNEAPOLIS MN 55404 | BRICK LLC | APARTMENT | $2,375,000 | 252 ft |
| 624 FRANKLIN AVE E MINNEAPOLIS MN 55404 | THE STRAITGATE CHURCH INC | LAND-COMMERCIAL | $0 | 276 ft |
Most Recent Sale
Current Tax Year