Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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 ↗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.
1 permit on record since 2021 · $18K total declared value · Most recent: Jul 2021 (addition)
Holmlund Masonry 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 2 — moderate-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 2,275 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1318 23RD ST E MINNEAPOLIS MN 55404 | ESPIRIT GUTIERREZ ORTEGA | RESIDENTIAL | $158,000 | 56 ft |
| 1312 23RD ST E MINNEAPOLIS MN 55404 | NATHAN HARCUS | RESIDENTIAL | $235,000 | 110 ft |
| 1323 22ND ST E MINNEAPOLIS MN 55404 | JACOB PROPERTIES CORPORATION | APARTMENT | $1,319,000 | 136 ft |
| 1308 23RD ST E MINNEAPOLIS MN 55404 | J YAURINCELA & M Z BONETE | RESIDENTIAL-TWO UNIT | $303,300 | 166 ft |
| 2201 13TH AVE S MINNEAPOLIS MN 55404 | CB PRG PORTFOLIO II L P | LOW INCOME RENTAL | $1,692,000 | 205 ft |
| 1415 22ND ST E MINNEAPOLIS MN 55404 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 235 ft |
| 1321 23RD ST E MINNEAPOLIS MN 55404 | INDIGENOUS PEOPLES TSK FORCE | APARTMENT | $1,513,000 | 246 ft |
| MN | Unknown | — | — | 246 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | MN IND WOMENS RESOURCE CTR | COMMERCIAL-PREFERRED | $0 | 284 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | MN IND WOMENS HOUSING LP | APARTMENT | $1,149,000 | 284 ft |
Most Recent Sale
Current Tax Year