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 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 sfr / adu benchmarks for 402 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1818 16TH AVE S MINNEAPOLIS MN 55404 | C M GARCIA & J M GARCIA | VACANT LAND-APARTMENT | $32,500 | 50 ft |
| 1822 16TH AVE S MINNEAPOLIS MN 55404 | JOSHUA BREITUNG/MARTIN KOSTO | APARTMENT | $381,000 | 75 ft |
| 1528 19TH ST E MINNEAPOLIS MN 55404 | LUIS A ZHAGUI-ESPINOZA | RESIDENTIAL | $294,000 | 76 ft |
| 1816 16TH AVE S MINNEAPOLIS MN 55404 | C M GARCIA & J M GARCIA | VACANT LAND-APARTMENT | $61,100 | 91 ft |
| 1524 19TH ST E MINNEAPOLIS MN 55404 | C E BYRD & L R BELL | RESIDENTIAL | $300,000 | 112 ft |
| 1812 16TH AVE S MINNEAPOLIS MN 55404 | ROSA FUENTES-SAFRIS/Y SAFRIS | RESIDENTIAL-TWO UNIT | $235,400 | 112 ft |
| 1520 19TH ST E MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 147 ft |
| 1810 16TH AVE S MINNEAPOLIS MN 55404 | S ANDERSON & M ANDERSON | RESIDENTIAL | $254,000 | 158 ft |
| 1516 19TH ST E MINNEAPOLIS MN 55404 | JARMELL MAYWEATHER | RESIDENTIAL | $234,000 | 185 ft |
| 1804 16TH AVE S MINNEAPOLIS MN 55404 | JOEL POUALEU | LOW INCOME RENTAL | $707,000 | 206 ft |
Most Recent Sale
Current Tax Year