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 ↗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.
2 permits on record since 2005 · $180K total declared value · Most recent: Jul 2018 (existres)
Residential Heating and Air Conditioning 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
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 3-story wood frame (5–12 units) benchmarks for 3,721 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2116 16TH AVE S MINNEAPOLIS MN 55404 | PENNYMAC LOAN SERVICES LLC | RESIDENTIAL | $182,200 | 42 ft |
| 2112 16TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | APARTMENT | $0 | 86 ft |
| 1530 22ND ST E MINNEAPOLIS MN 55404 | IDALIA SILVA CISNEROS | RESIDENTIAL | $240,000 | 94 ft |
| 1524 22ND ST E MINNEAPOLIS MN 55404 | ZACHARY PARKS | RESIDENTIAL | $154,200 | 134 ft |
| 2108 16TH AVE S MINNEAPOLIS MN 55404 | CASH FOR SHACKS LLC | RESIDENTIAL-TWO UNIT | $239,200 | 134 ft |
| 2200 16TH AVE S MINNEAPOLIS MN 55404 | R A SWANSON & E K MITCHELL | APARTMENT | $383,000 | 138 ft |
| 2115 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MC & SONS PROPERTIES GRP LLC | RESIDENTIAL-TWO UNIT | $336,700 | 141 ft |
| 2113 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SAMUEL NIGATU | RESIDENTIAL-TWO UNIT | $82,000 | 153 ft |
| 1522 22ND ST E MINNEAPOLIS MN 55404 | A A RAYMUNDO & M E I MEJIA | RESIDENTIAL | $190,900 | 175 ft |
| 2102 16TH AVE S MINNEAPOLIS MN 55404 | CASH FOR SHACKS LLC | TRIPLEX | $255,800 | 178 ft |
Most Recent Sale
Current Tax Year