Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 2023 · $12K total declared value · Most recent: Mar 2024 (misc)
Maria Brito Brito
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 1,285 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2200 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNRSP | LOW INCOME RENTAL | $437,000 | 67 ft |
| 1513 22ND ST E MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNSHP | LOW INCOME RENTAL | $313,800 | 83 ft |
| 2214 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MILLE LACS BAND OF OJIBWE | APARTMENT | $1,497,000 | 91 ft |
| 1507 22ND ST E MINNEAPOLIS MN 55404 | J P N CHOUKSE & R R CHOUKSE | RESIDENTIAL-TWO UNIT | $377,400 | 133 ft |
| 1506 23RD ST E MINNEAPOLIS MN 55404 | AMER INDIAN ELDER HOUSNG LLC | APARTMENT | $349,100 | 152 ft |
| 2207 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MELISSA M TURNER | RESIDENTIAL-TWO UNIT | $256,400 | 162 ft |
| 2213 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | ROBERTO ORTIZ CARRASCO | RESIDENTIAL | $133,200 | 164 ft |
| 2205 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | CESAR GUAILLA GUAMAN ET AL | RESIDENTIAL | $306,800 | 166 ft |
| 2215 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SANTIAGO BALBOA | RESIDENTIAL | $67,100 | 170 ft |
| 2203 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | NAJMO A HASSAN/HAWO A EGAL | RESIDENTIAL | $243,000 | 180 ft |
Most Recent Sale
Current Tax Year