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.
1 permit on record since 2024 · Most recent: Jan 2024 (commercial minor)
Warners Stellian Co 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 59.02
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2107 CHICAGO AVE MINNEAPOLIS MN 55404 | V M A PASTRANA & S M ARCE | RESIDENTIAL-TWO UNIT | $105,800 | 43 ft |
| 807 21ST ST E MINNEAPOLIS MN 55404 | BONA CONSTRUCTION LLC | VACANT LAND-RESIDENTIAL | $19,000 | 84 ft |
| 2111 CHICAGO AVE MINNEAPOLIS MN 55404 | Q P LUU & F HSIU LUU | RESIDENTIAL-TWO UNIT | $292,800 | 95 ft |
| 813 21ST ST E MINNEAPOLIS MN 55404 | OBSA NEGASSA | VACANT LAND-APARTMENT | $87,100 | 133 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | NLFS 2011 LLC | COMMERCIAL-PREFERRED | $0 | 161 ft |
| 2113 CHICAGO AVE MINNEAPOLIS MN 55404 | DONNA K TSENG ET AL | COMMERCIAL-PREFERRED | $479,000 | 183 ft |
| 2100 ELLIOT AVE MINNEAPOLIS MN 55404 | DISTINGUISHED PROPERTIES LLC | LOW INCOME RENTAL | $297,900 | 200 ft |
| 2106 ELLIOT AVE MINNEAPOLIS MN 55404 | URBAN HOMEWORKS INC | APARTMENT | $356,000 | 205 ft |
| 2108 ELLIOT AVE MINNEAPOLIS MN 55404 | G GANSUKH & T GANSUKH | RESIDENTIAL-TWO UNIT | $292,900 | 219 ft |
| 2112 ELLIOT AVE MINNEAPOLIS MN 55404 | ACMN PROPERTIES JADE LLC | LOW INCOME RENTAL | $432,000 | 223 ft |
Current Tax Year