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 ↗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.
3 permits on record since 2021 · Most recent: Dec 2023 (existres)
CENTERPOINT ENERGY
Appliance Connections INC
MN Plumbing & Home Services 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
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 2,692 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2211 12TH AVE S MINNEAPOLIS MN 55404 | ZHANGWEI CHAI & XINHUA JIA | RESIDENTIAL-ZERO LOT LINE | $243,100 | 48 ft |
| 2217 12TH AVE S MINNEAPOLIS MN 55404 | LUCIA VASQUEZ-REYES | RESIDENTIAL-ZERO LOT LINE | $236,100 | 51 ft |
| 2209 12TH AVE S MINNEAPOLIS MN 55404 | ADDIS DESIBELEW | RESIDENTIAL-ZERO LOT LINE | $248,100 | 86 ft |
| 2221 12TH AVE S MINNEAPOLIS MN 55404 | M A POINDEXTER & M A CARTER | RESIDENTIAL-ZERO LOT LINE | $221,300 | 90 ft |
| 2216 13TH AVE S MINNEAPOLIS MN 55404 | M MAGDALENA ORTEGA RODRIQUEZ | RESIDENTIAL-ZERO LOT LINE | $270,200 | 97 ft |
| 2214 13TH AVE S MINNEAPOLIS MN 55404 | JOANA GALINDO VALERDI | RESIDENTIAL-ZERO LOT LINE | $210,900 | 98 ft |
| 2220 13TH AVE S MINNEAPOLIS MN 55404 | C O SMITH & J W SMITH | RESIDENTIAL-ZERO LOT LINE | $233,100 | 107 ft |
| 2210 13TH AVE S MINNEAPOLIS MN 55404 | ABDIWELI E HASHI | RESIDENTIAL-ZERO LOT LINE | $244,500 | 109 ft |
| 2222 13TH AVE S MINNEAPOLIS MN 55404 | ZCW PROPERTIES LLC | RESIDENTIAL-ZERO LOT LINE | $238,900 | 125 ft |
| 2208 13TH AVE S MINNEAPOLIS MN 55404 | VIRGINIA GALINDO VALERDI | RESIDENTIAL-ZERO LOT LINE | $233,100 | 128 ft |
Most Recent Sale
Current Tax Year