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.
22 permits on record since 2000 · $5.0M total declared value · Most recent: Feb 2025 (commaj)
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
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
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 small multifamily (2–4 units, wood frame) benchmarks for 66,480 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 626 19TH ST E MINNEAPOLIS MN 55404 | BRICK LLC | APARTMENT | $588,000 | 176 ft |
| 615 18TH ST E MINNEAPOLIS MN 55404 | 615-625 18TH STREET LLC | APARTMENT | $2,957,000 | 181 ft |
| 1805 PORTLAND AVE MINNEAPOLIS MN 55404 | INDIAN NGHBRHD CLUB ALC DRUG | APARTMENT | $0 | 222 ft |
| 625 18TH ST E MINNEAPOLIS MN 55404 | 615-625 18TH STREET LLC | APARTMENT | $2,957,000 | 224 ft |
| 615 19TH ST E MINNEAPOLIS MN 55404 | TAM HUU PHAM | RESIDENTIAL-TWO UNIT | $276,200 | 235 ft |
| 621 19TH ST E MINNEAPOLIS MN 55404 | NORTHERN STATE PROP INC | RESIDENTIAL | $266,700 | 243 ft |
| 611 18TH ST E MINNEAPOLIS MN 55404 | 611 REALTY LLC | TRIPLEX | $285,200 | 255 ft |
| 625 19TH ST E MINNEAPOLIS MN 55404 | ST PAUL'S EVAN LUTH CHURCH | RESIDENTIAL-TWO UNIT | $273,700 | 261 ft |
| 629 19TH ST E MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 286 ft |
| 1822 PARK AVE MINNEAPOLIS MN 55404 | 1822 PARK LLC | COMMERCIAL-PREFERRED | $126,600 | 314 ft |
Most Recent Sale
Current Tax Year