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.
7 permits on record since 2018 · $40K total declared value · Most recent: Nov 2023 (misc)
Summit Construction Group
Summit Construction Group
Summit Construction Group
ANDERSON'S RESIDENTIAL HEATING AND A / C INC
Alexander Plumbing LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
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 3,359 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2411 15TH AVE S MINNEAPOLIS MN 55404 | R M C QUITO & A M C LLAPA | RESIDENTIAL | $316,000 | 43 ft |
| 2401 15TH AVE S MINNEAPOLIS MN 55404 | DENISE J VELASCO | RESIDENTIAL | $278,000 | 49 ft |
| 2415 15TH AVE S MINNEAPOLIS MN 55404 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 82 ft |
| 2417 15TH AVE S MINNEAPOLIS MN 55404 | MARK PAYNE | RESIDENTIAL | $242,900 | 121 ft |
| 2400 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | BII DI GAIN DASH ANWEBI HSG | LOW INCOME RENTAL | $2,196,000 | 142 ft |
| 2412 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MICHAEL J SEEKAMP ET AL | RESIDENTIAL | $171,000 | 158 ft |
| 2421 15TH AVE S MINNEAPOLIS MN 55404 | CARINA S CORTEZ | RESIDENTIAL-TWO UNIT | $376,800 | 160 ft |
| 1500 24TH ST E MINNEAPOLIS MN 55404 | MISSIONARIES OF CHARITY INC | APARTMENT | $0 | 177 ft |
| 1506 24TH ST E MINNEAPOLIS MN 55404 | CENTRAL COMMUNITY HSG TRUST | VACANT LAND-APARTMENT | $84,100 | 184 ft |
| 2416 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | JINGHAN QU | RESIDENTIAL-ZERO LOT LINE | $177,800 | 184 ft |
Most Recent Sale
Current Tax Year