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.
5 permits on record since 2023 · $108K total declared value · Most recent: Aug 2024 (remodel)
Molina General Contractors LLC
PMR Mechanical, Inc.
DEN-MARK PLUMBING INC
SLIM AND TRIM CONSTRUCTION LLC
CenterPoint Energy Resource Corp
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 1,540 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2207 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MELISSA M TURNER | RESIDENTIAL-TWO UNIT | $256,400 | 29 ft |
| 2203 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | NAJMO A HASSAN/HAWO A EGAL | RESIDENTIAL | $243,000 | 43 ft |
| 2213 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | ROBERTO ORTIZ CARRASCO | RESIDENTIAL | $133,200 | 58 ft |
| 2215 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SANTIAGO BALBOA | RESIDENTIAL | $67,100 | 86 ft |
| 2217 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNRSP | LOW INCOME RENTAL | $287,100 | 117 ft |
| 2204 16TH AVE S MINNEAPOLIS MN 55404 | AUSTREBERTA IXTLILCO | RESIDENTIAL-TWO UNIT | $279,800 | 135 ft |
| 2206 16TH AVE S MINNEAPOLIS MN 55404 | SARAH GERARD FEARING | VACANT LAND-RESIDENTIAL | $15,000 | 137 ft |
| 2200 16TH AVE S MINNEAPOLIS MN 55404 | R A SWANSON & E K MITCHELL | APARTMENT | $383,000 | 142 ft |
| 2219 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | A C QUEVEDO & E R ORTIZ | RESIDENTIAL | $132,900 | 146 ft |
| 2208 16TH AVE S MINNEAPOLIS MN 55404 | SARAH GERARD FEARING | RESIDENTIAL-TWO UNIT | $304,600 | 152 ft |
Most Recent Sale
Current Tax Year