Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 2021 · $5K total declared value · Most recent: Feb 2023 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Samuel Nigatu
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
Residential Mixed-Use 1 — low-density mixed 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 1,623 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2115 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MC & SONS PROPERTIES GRP LLC | RESIDENTIAL-TWO UNIT | $336,700 | 30 ft |
| 2109 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | C V R BERNAL & R S O VELEZ | RESIDENTIAL | $239,000 | 45 ft |
| 1524 22ND ST E MINNEAPOLIS MN 55404 | ZACHARY PARKS | RESIDENTIAL | $154,200 | 74 ft |
| 1530 22ND ST E MINNEAPOLIS MN 55404 | IDALIA SILVA CISNEROS | RESIDENTIAL | $240,000 | 84 ft |
| 1522 22ND ST E MINNEAPOLIS MN 55404 | A A RAYMUNDO & M E I MEJIA | RESIDENTIAL | $190,900 | 85 ft |
| 2103 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | REGENTS OF THE U OF M | VACANT LAND-RESIDENTIAL | $0 | 104 ft |
| 2112 16TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | APARTMENT | $0 | 135 ft |
| 2116 16TH AVE S MINNEAPOLIS MN 55404 | PENNYMAC LOAN SERVICES LLC | RESIDENTIAL | $182,200 | 138 ft |
| 2108 16TH AVE S MINNEAPOLIS MN 55404 | CASH FOR SHACKS LLC | RESIDENTIAL-TWO UNIT | $239,200 | 148 ft |
| 2122 16TH AVE S MINNEAPOLIS MN 55404 | RICARDO ZAMORA MASCADA | RESIDENTIAL | $362,000 | 153 ft |
Most Recent Sale
Current Tax Year