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.
5 permits on record since 2019 · $14K total declared value · Most recent: Jun 2024 (existres)
MESPO HEATING AND COOLING INC
Canfield Creations
CenterPoint Energy Resource Corp
Midwest Maintenance and Mechanical Inc
CHAMPION PLUMBING LLC
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 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 2,999 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2217 16TH AVE S MINNEAPOLIS MN 55404 | DENNIS J AMAN | RESIDENTIAL | $197,800 | 45 ft |
| 2301 16TH AVE S MINNEAPOLIS MN 55404 | BILLE HASHI | RESIDENTIAL | $331,000 | 50 ft |
| 2215 16TH AVE S MINNEAPOLIS MN 55404 | GABRIELA ESPEJO MONTOYA | RESIDENTIAL | $303,000 | 88 ft |
| 2305 16TH AVE S MINNEAPOLIS MN 55404 | PN3 LLC ET AL | VACANT LAND-RESIDENTIAL | $48,000 | 107 ft |
| 2213 16TH AVE S MINNEAPOLIS MN 55404 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 131 ft |
| 2220 17TH AVE S MINNEAPOLIS MN 55404 | DANIEL C JOHNSON | RESIDENTIAL-TWO UNIT | $328,000 | 136 ft |
| 2224 17TH AVE S MINNEAPOLIS MN 55404 | LUIS LOJA & ZOILA R Z SACTA | RESIDENTIAL-TWO UNIT | $501,500 | 143 ft |
| 2216 17TH AVE S MINNEAPOLIS MN 55404 | HO CHUNK NATION | RESIDENTIAL-TWO UNIT | $627,400 | 151 ft |
| 2207 16TH AVE S MINNEAPOLIS MN 55404 | CONTRACT FOR DEED LLC | RESIDENTIAL-TWO UNIT | $432,800 | 182 ft |
| 2220 16TH AVE S MINNEAPOLIS MN 55404 | JESSE FJELD | RESIDENTIAL | $223,000 | 183 ft |
Most Recent Sale
Current Tax Year