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 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 ↗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 2020 · $5K total declared value · Most recent: Aug 2023 (misc)
Rojo Roofing & Exteriors Inc
CenterPoint Energy Resource Corp
Warners Stellian Co 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 560 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2315 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNRSP | LOW INCOME RENTAL | $402,200 | 57 ft |
| 2321 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | K S HAMMONDS & L A HAMMONDS | VACANT LAND-RESIDENTIAL | $4,500 | 62 ft |
| 2313 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MARGITO SANMARTIN | RESIDENTIAL | $115,000 | 82 ft |
| 1534 24TH ST E MINNEAPOLIS MN 55404 | IGLESIA APOS CRIST JESUS USA | COMMERCIAL-PREFERRED | $0 | 95 ft |
| 2314 16TH AVE S MINNEAPOLIS MN 55404 | GLORIA ANN HAYES | RESIDENTIAL | $158,800 | 105 ft |
| 2312 16TH AVE S MINNEAPOLIS MN 55404 | CASSANDRA M NELSON | RESIDENTIAL-TWO UNIT | $254,800 | 120 ft |
| 2309 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTRSHP | LOW INCOME RENTAL | $270,900 | 121 ft |
| 1529 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAND TRST | — | $263,200 | 134 ft |
| 1531 24TH ST E MINNEAPOLIS MN 55404 | D AMANTE & B BULTUM | TOWNHOUSE | $277,100 | 134 ft |
| 1533 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAN TR | — | $275,000 | 138 ft |
Most Recent Sale
Current Tax Year