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 ↗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.
3 permits on record since 2017 · Most recent: Sep 2024 (res)
BURNOMATIC
CENTERPOINT ENERGY
CENTERPOINT ENERGY
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1060
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 2,100 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1813 15TH AVE S MINNEAPOLIS MN 55404 | KAYE E MULDER | RESIDENTIAL | $307,000 | 49 ft |
| 1823 15TH AVE S MINNEAPOLIS MN 55404 | BRUCE P BLACHER | RESIDENTIAL | $290,000 | 52 ft |
| 1508 19TH ST E MINNEAPOLIS MN 55404 | ELENA HAYNES/WILLIAM OLSEN | RESIDENTIAL | $146,000 | 63 ft |
| 1512 19TH ST E MINNEAPOLIS MN 55404 | TIMOTHY J SATTLER | TRIPLEX | $300,400 | 80 ft |
| 1809 15TH AVE S MINNEAPOLIS MN 55404 | TUYEN PHAM & THAO VU | RESIDENTIAL | $301,600 | 97 ft |
| 1514 19TH ST E MINNEAPOLIS MN 55404 | SCOTT KICK & WENDY KICK | RESIDENTIAL | $238,000 | 130 ft |
| 1805 15TH AVE S MINNEAPOLIS MN 55404 | ASMARA ENTERPRISE INC | RESIDENTIAL | $373,000 | 146 ft |
| 1516 19TH ST E MINNEAPOLIS MN 55404 | JARMELL MAYWEATHER | RESIDENTIAL | $234,000 | 170 ft |
| 1901 15TH AVE S MINNEAPOLIS MN 55404 | JOHN F ISAIS JR | TRIPLEX | $356,300 | 171 ft |
| 1834 15TH AVE S MINNEAPOLIS MN 55404 | BIG CAT ENTERPRISES | RESIDENTIAL | $147,000 | 185 ft |
Most Recent Sale
Current Tax Year