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.
2 permits on record since 2009 · $94K total declared value · Most recent: Jun 2023 (misc)
NEXGEN EXTERIORS 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 5,995 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | JASON SHIGGS | CONDOMINIUM | $93,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | JASON SHIGGS | CONDOMINIUM | $75,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | JASON SHIGGS | CONDOMINIUM | $59,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | JASON SHIGGS | CONDOMINIUM | $124,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | JASON SHIGGS | CONDOMINIUM | $122,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | JASON SHIGGS | CONDOMINIUM | $115,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | RYAN WELTERS | CONDOMINIUM | $120,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | B R BRONSON-SMITH ET AL | CONDOMINIUM | $125,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | JAMES DENNISON WILLGING | CONDOMINIUM | $125,000 | 59 ft |
| 1824 ELLIOT AVE MINNEAPOLIS MN 55404 | FED HOME LOAN MORTGAGE CORP | CONDOMINIUM | $131,000 | 59 ft |
Most Recent Sale
Current Tax Year