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.
No permits found in Minneapolis open data for this parcel.
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 3-story wood frame (5–12 units) benchmarks for 4,262 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2221 15TH AVE S MINNEAPOLIS MN 55404 | STARVIEW PROPERTY LLC LTD | APARTMENT | $412,000 | 56 ft |
| 2214 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MILLE LACS BAND OF OJIBWE | APARTMENT | $1,497,000 | 97 ft |
| 2211 15TH AVE S MINNEAPOLIS MN 55404 | ANBASSA BUKULA | RESIDENTIAL | $130,000 | 101 ft |
| 1507 22ND ST E MINNEAPOLIS MN 55404 | J P N CHOUKSE & R R CHOUKSE | RESIDENTIAL-TWO UNIT | $377,400 | 134 ft |
| 1513 22ND ST E MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNSHP | LOW INCOME RENTAL | $313,800 | 145 ft |
| 2210 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MARIA EULALIA BRITO BRITO | RESIDENTIAL | $272,000 | 152 ft |
| 1501 22ND ST E MINNEAPOLIS MN 55404 | ANBASSA BUKULA | APARTMENT | $614,000 | 161 ft |
| 2301 15TH AVE S MINNEAPOLIS MN 55404 | ALL NATIONS INDIAN CHURCH | LAND-COMMERCIAL | $0 | 165 ft |
| 2200 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNRSP | LOW INCOME RENTAL | $437,000 | 199 ft |
| 2300 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | ALL NATIONS INDIAN CHURCH | COMMERCIAL-PREFERRED | $0 | 221 ft |
Most Recent Sale
Current Tax Year