ParcelLens
Property Intelligence · Twin Cities
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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.
3 permits on record since 2018 · $2.0M total declared value · Most recent: Jul 2018 (commercial multi-family)
Go Fetsch Mechanical LLC
P and D Mechanical Contracting Co
WATSON-FORSBERG
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
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2019 5TH AVE S MINNEAPOLIS MN 55404 | CLEMENTE R GARCIA | RESIDENTIAL | $142,000 | 48 ft |
| 2105 5TH AVE S MINNEAPOLIS MN 55404 | DIRBWERK YIMER | RESIDENTIAL | $226,800 | 48 ft |
| 2109 5TH AVE S MINNEAPOLIS MN 55404 | CLEMENTE GARCIA | VACANT LAND-RESIDENTIAL | $8,400 | 84 ft |
| 2015 5TH AVE S MINNEAPOLIS MN 55404 | C ROBINSON & L BLAKE | RESIDENTIAL-TWO UNIT | $330,100 | 102 ft |
| 2111 5TH AVE S MINNEAPOLIS MN 55404 | CLEMENTE GARCIA | RESIDENTIAL-TWO UNIT | $190,200 | 108 ft |
| 2100 PORTLAND AVE MINNEAPOLIS MN 55404 | A VELEZ & G VELEZ | APARTMENT | $453,000 | 135 ft |
| 2020 PORTLAND AVE MINNEAPOLIS MN 55404 | HOPE BLK STABILIZN PHS I LLC | LOW INCOME RENTAL | $471,000 | 143 ft |
| 2104 PORTLAND AVE MINNEAPOLIS MN 55404 | ALFONSE VELEZ & GLORIA VELEZ | APARTMENT | $509,000 | 144 ft |
| 2115 5TH AVE S MINNEAPOLIS MN 55404 | MARIA ELENA GARCIA | TRIPLEX | $357,300 | 144 ft |
| 2013 5TH AVE S MINNEAPOLIS MN 55404 | PETER ELLIASEN | RESIDENTIAL-TWO UNIT | $259,700 | 162 ft |
Most Recent Sale
Current Tax Year