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 ↗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.
3 permits on record since 2023 · $68K total declared value · Most recent: Jul 2025 (misc)
Honest Exteriors
LAKEWOODS REMODELING INC
LAKEWOODS REMODELING 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 1,404 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1203 22ND ST E MINNEAPOLIS MN 55404 | CHU REV INTERVIVOS TRUST | RESIDENTIAL-ZERO LOT LINE | $238,300 | 34 ft |
| 1209 22ND ST E MINNEAPOLIS MN 55404 | LOYAN HASSAN ABDI | RESIDENTIAL-ZERO LOT LINE | $213,800 | 34 ft |
| 1213 22ND ST E MINNEAPOLIS MN 55404 | ABDUL QADIR ALI | RESIDENTIAL-ZERO LOT LINE | $238,300 | 67 ft |
| 2209 12TH AVE S MINNEAPOLIS MN 55404 | ADDIS DESIBELEW | RESIDENTIAL-ZERO LOT LINE | $248,100 | 72 ft |
| 1201 22ND ST E MINNEAPOLIS MN 55404 | S & M ALABI | RESIDENTIAL-ZERO LOT LINE | $253,600 | 81 ft |
| 2211 12TH AVE S MINNEAPOLIS MN 55404 | ZHANGWEI CHAI & XINHUA JIA | RESIDENTIAL-ZERO LOT LINE | $243,100 | 103 ft |
| 2208 13TH AVE S MINNEAPOLIS MN 55404 | VIRGINIA GALINDO VALERDI | RESIDENTIAL-ZERO LOT LINE | $233,100 | 103 ft |
| 1215 22ND ST E MINNEAPOLIS MN 55404 | RANDY L DEWITZ | RESIDENTIAL-ZERO LOT LINE | $222,700 | 108 ft |
| 2210 13TH AVE S MINNEAPOLIS MN 55404 | ABDIWELI E HASHI | RESIDENTIAL-ZERO LOT LINE | $244,500 | 127 ft |
| 2215 12TH AVE S MINNEAPOLIS MN 55404 | ESTHER R SCHAK | RESIDENTIAL-ZERO LOT LINE | $245,000 | 151 ft |
Most Recent Sale
Current Tax Year