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 ↗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 ↗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 2004 · $173K total declared value · Most recent: Apr 2026 (remodel)
Abdisalan A Abdirahman
Sedgwick Exteriors
Professional Mechanical Services LLC
Urban Pine Plumbing and 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,836 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1506 23RD ST E MINNEAPOLIS MN 55404 | AMER INDIAN ELDER HOUSNG LLC | APARTMENT | $349,100 | 56 ft |
| 2211 15TH AVE S MINNEAPOLIS MN 55404 | ANBASSA BUKULA | RESIDENTIAL | $130,000 | 85 ft |
| 1507 22ND ST E MINNEAPOLIS MN 55404 | J P N CHOUKSE & R R CHOUKSE | RESIDENTIAL-TWO UNIT | $377,400 | 145 ft |
| 1501 22ND ST E MINNEAPOLIS MN 55404 | ANBASSA BUKULA | APARTMENT | $614,000 | 151 ft |
| 2214 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MILLE LACS BAND OF OJIBWE | APARTMENT | $1,497,000 | 152 ft |
| 2301 15TH AVE S MINNEAPOLIS MN 55404 | ALL NATIONS INDIAN CHURCH | LAND-COMMERCIAL | $0 | 165 ft |
| 1513 22ND ST E MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNSHP | LOW INCOME RENTAL | $313,800 | 174 ft |
| 2210 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MARIA EULALIA BRITO BRITO | RESIDENTIAL | $272,000 | 200 ft |
| 2309 15TH AVE S MINNEAPOLIS MN 55404 | L A PAREDES & N D PEREDES | RESIDENTIAL | $372,000 | 231 ft |
| 1415 22ND ST E MINNEAPOLIS MN 55404 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 235 ft |
Most Recent Sale
Current Tax Year