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.
No permits found in Minneapolis open data for this parcel.
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 3,379 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1404 24TH ST E MINNEAPOLIS MN 55404 | BASHIR EYOW & HAWO HUSSEIN | RESIDENTIAL | $235,000 | 56 ft |
| 1408 24TH ST E MINNEAPOLIS MN 55404 | VA POR XIONG & YIA YANG | RESIDENTIAL | $211,000 | 112 ft |
| 1321 23RD ST E MINNEAPOLIS MN 55404 | INDIGENOUS PEOPLES TSK FORCE | APARTMENT | $1,513,000 | 163 ft |
| MN | Unknown | — | — | 163 ft |
| 1412 24TH ST E MINNEAPOLIS MN 55404 | SAFIA S IBRAHIM | RESIDENTIAL | $237,000 | 168 ft |
| 1316 24TH ST E MINNEAPOLIS MN 55404 | INDIAN HEALTH BOARD MPLS INC | VACANT LAND-RESIDENTIAL | $0 | 173 ft |
| 2407 14TH AVE S MINNEAPOLIS MN 55404 | INDIAN HEALTH BD OF MPLS INC | LAND-COMMERCIAL | $0 | 175 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | MN IND WOMENS RESOURCE CTR | COMMERCIAL-PREFERRED | $0 | 186 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | MN IND WOMENS HOUSING LP | APARTMENT | $1,149,000 | 186 ft |
| MN | Unknown | — | — | 186 ft |
Most Recent Sale
Current Tax Year