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.
6 permits on record since 2009 · $125K total declared value · Most recent: May 2025 (misc)
FINAL SOLUTIONS WATERPROOFING LLC
Joel Poualeu
O'Boys Heating & Air LLC
Options Exteriors
Joel Poualeu
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 1060
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 sfr / adu benchmarks for 1,015 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1804 16TH AVE S MINNEAPOLIS MN 55404 | JOEL POUALEU | LOW INCOME RENTAL | $707,000 | 49 ft |
| 1810 16TH AVE S MINNEAPOLIS MN 55404 | S ANDERSON & M ANDERSON | RESIDENTIAL | $254,000 | 99 ft |
| 1529 18TH ST E MINNEAPOLIS MN 55404 | A A KULMIYE & M YUSUF | RESIDENTIAL | $273,000 | 123 ft |
| 1812 16TH AVE S MINNEAPOLIS MN 55404 | ROSA FUENTES-SAFRIS/Y SAFRIS | RESIDENTIAL-TWO UNIT | $235,400 | 149 ft |
| 1525 18TH ST E MINNEAPOLIS MN 55404 | HENNEPIN FORFEITED LAND | VACANT LAND-RESIDENTIAL | $0 | 170 ft |
| 1816 16TH AVE S MINNEAPOLIS MN 55404 | C M GARCIA & J M GARCIA | VACANT LAND-APARTMENT | $61,100 | 200 ft |
| 1818 16TH AVE S MINNEAPOLIS MN 55404 | C M GARCIA & J M GARCIA | VACANT LAND-APARTMENT | $32,500 | 203 ft |
| 1523 18TH ST E MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 210 ft |
| 1528 19TH ST E MINNEAPOLIS MN 55404 | LUIS A ZHAGUI-ESPINOZA | RESIDENTIAL | $294,000 | 226 ft |
| 1522 18TH ST E MINNEAPOLIS MN 55404 | K MBELEULU & J KISONGO | RESIDENTIAL | $305,000 | 238 ft |
Most Recent Sale
Current Tax Year