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.
8 permits on record since 2018 · $36K total declared value · Most recent: Aug 2025 (misc)
NEW IMAGE CONSTRUCTION AND REMODELING
4Front Energy Solutions Inc
Three Rivers Contracting LLC
PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING
TC HABITAT FOR HUMANITY
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 4,300 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1318 23RD ST E MINNEAPOLIS MN 55404 | ESPIRIT GUTIERREZ ORTEGA | RESIDENTIAL | $158,000 | 54 ft |
| 1308 23RD ST E MINNEAPOLIS MN 55404 | J YAURINCELA & M Z BONETE | RESIDENTIAL-TWO UNIT | $303,300 | 56 ft |
| 2220 14TH AVE S MINNEAPOLIS MN 55404 | RIVERLINE CORPORATION | APARTMENT | $576,000 | 110 ft |
| 2201 13TH AVE S MINNEAPOLIS MN 55404 | CB PRG PORTFOLIO II L P | LOW INCOME RENTAL | $1,692,000 | 122 ft |
| 1323 22ND ST E MINNEAPOLIS MN 55404 | JACOB PROPERTIES CORPORATION | APARTMENT | $1,319,000 | 158 ft |
| 2214 13TH AVE S MINNEAPOLIS MN 55404 | JOANA GALINDO VALERDI | RESIDENTIAL-ZERO LOT LINE | $210,900 | 252 ft |
| 2216 13TH AVE S MINNEAPOLIS MN 55404 | M MAGDALENA ORTEGA RODRIQUEZ | RESIDENTIAL-ZERO LOT LINE | $270,200 | 252 ft |
| 2210 13TH AVE S MINNEAPOLIS MN 55404 | ABDIWELI E HASHI | RESIDENTIAL-ZERO LOT LINE | $244,500 | 256 ft |
| 2220 13TH AVE S MINNEAPOLIS MN 55404 | C O SMITH & J W SMITH | RESIDENTIAL-ZERO LOT LINE | $233,100 | 256 ft |
| 1321 23RD ST E MINNEAPOLIS MN 55404 | INDIGENOUS PEOPLES TSK FORCE | APARTMENT | $1,513,000 | 262 ft |
Most Recent Sale
Current Tax Year