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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2017 · Most recent: Jul 2017 (res)
MN PLUMBING AND APPLIANCES
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 59.02
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 3,791 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 917 21ST ST E MINNEAPOLIS MN 55404 | A L O PEREZ & L N A ALVARADO | RESIDENTIAL | $330,000 | 50 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | BASHE SAID SISTE | TRIPLEX | $770,200 | 75 ft |
| 2111 ELLIOT AVE MINNEAPOLIS MN 55404 | C P V CASTILLO/M M ALBVARADO | RESIDENTIAL-TWO UNIT | $294,000 | 117 ft |
| 2104 10TH AVE S MINNEAPOLIS MN 55404 | ROBERT M COOK | RESIDENTIAL | $156,500 | 125 ft |
| 2108 10TH AVE S MINNEAPOLIS MN 55404 | DANIEL M DORFF | RESIDENTIAL | $180,000 | 127 ft |
| 2100 10TH AVE S MINNEAPOLIS MN 55404 | ERIVERTA HERNANDEZ EZIQUIO | RESIDENTIAL | $217,000 | 134 ft |
| 2110 10TH AVE S MINNEAPOLIS MN 55404 | KRISHNA CHAND | RESIDENTIAL | $149,000 | 136 ft |
| 2115 ELLIOT AVE MINNEAPOLIS MN 55404 | CRESPO CONSTRUCTION LLC | RESIDENTIAL-TWO UNIT | $356,500 | 152 ft |
| 918 22ND ST E MINNEAPOLIS MN 55404 | 918 E 22ND ST INVESTORS | APARTMENT | $5,384,000 | 153 ft |
| 2017 ELLIOT AVE MINNEAPOLIS MN 55404 | MINDEKIRKEN FOUNDATION | LAND-COMMERCIAL | $70,400 | 167 ft |
Most Recent Sale
Current Tax Year