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 ↗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.
7 permits on record since 2017 · $1.4M total declared value · Most recent: Jan 2023 (commfdnr)
United States Mechanical Inc
United States Mechanical Inc
FRERICHS CONSTRUCTION CO
United States Mechanical Inc
United States Mechanical 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2116 16TH AVE S MINNEAPOLIS MN 55404 | PENNYMAC LOAN SERVICES LLC | RESIDENTIAL | $182,200 | 45 ft |
| 2108 16TH AVE S MINNEAPOLIS MN 55404 | CASH FOR SHACKS LLC | RESIDENTIAL-TWO UNIT | $239,200 | 47 ft |
| 2122 16TH AVE S MINNEAPOLIS MN 55404 | RICARDO ZAMORA MASCADA | RESIDENTIAL | $362,000 | 86 ft |
| 2102 16TH AVE S MINNEAPOLIS MN 55404 | CASH FOR SHACKS LLC | TRIPLEX | $255,800 | 92 ft |
| 1530 22ND ST E MINNEAPOLIS MN 55404 | IDALIA SILVA CISNEROS | RESIDENTIAL | $240,000 | 128 ft |
| 2113 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SAMUEL NIGATU | RESIDENTIAL-TWO UNIT | $82,000 | 135 ft |
| 2100 16TH AVE S MINNEAPOLIS MN 55404 | K&C PROPERTY MANAGEMENT LLC | RESIDENTIAL-TWO UNIT | $218,600 | 136 ft |
| 2109 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | C V R BERNAL & R S O VELEZ | RESIDENTIAL | $239,000 | 138 ft |
| 2115 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MC & SONS PROPERTIES GRP LLC | RESIDENTIAL-TWO UNIT | $336,700 | 141 ft |
| 1524 22ND ST E MINNEAPOLIS MN 55404 | ZACHARY PARKS | RESIDENTIAL | $154,200 | 161 ft |
Current Tax Year