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 ↗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.
2 permits on record since 2022 · Most recent: Mar 2023 (res)
CenterPoint Energy Resource Corp
Water Heaters Now Inc
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 3 — medium-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 599 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1522 22ND ST E MINNEAPOLIS MN 55404 | A A RAYMUNDO & M E I MEJIA | RESIDENTIAL | $190,900 | 41 ft |
| 1530 22ND ST E MINNEAPOLIS MN 55404 | IDALIA SILVA CISNEROS | RESIDENTIAL | $240,000 | 41 ft |
| 2115 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MC & SONS PROPERTIES GRP LLC | RESIDENTIAL-TWO UNIT | $336,700 | 45 ft |
| 2113 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SAMUEL NIGATU | RESIDENTIAL-TWO UNIT | $82,000 | 74 ft |
| 2109 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | C V R BERNAL & R S O VELEZ | RESIDENTIAL | $239,000 | 119 ft |
| 2122 16TH AVE S MINNEAPOLIS MN 55404 | RICARDO ZAMORA MASCADA | RESIDENTIAL | $362,000 | 134 ft |
| 2203 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | NAJMO A HASSAN/HAWO A EGAL | RESIDENTIAL | $243,000 | 139 ft |
| 2116 16TH AVE S MINNEAPOLIS MN 55404 | PENNYMAC LOAN SERVICES LLC | RESIDENTIAL | $182,200 | 141 ft |
| 2112 16TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | APARTMENT | $0 | 161 ft |
| 2103 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | REGENTS OF THE U OF M | VACANT LAND-RESIDENTIAL | $0 | 178 ft |
Most Recent Sale
Current Tax Year