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.
1 permit on record since 2008 · $60K total declared value · Most recent: Aug 2008 (building re-inspection)
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
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,070 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2115 ELLIOT AVE MINNEAPOLIS MN 55404 | CRESPO CONSTRUCTION LLC | RESIDENTIAL-TWO UNIT | $356,500 | 46 ft |
| 2111 ELLIOT AVE MINNEAPOLIS MN 55404 | C P V CASTILLO/M M ALBVARADO | RESIDENTIAL-TWO UNIT | $294,000 | 88 ft |
| 2201 ELLIOT AVE MINNEAPOLIS MN 55404 | J P L GOMEZ & J M C CABRERA | RESIDENTIAL-TWO UNIT | $371,500 | 108 ft |
| 911 22ND ST E MINNEAPOLIS MN 55404 | JOSE F GONZALEZ DELGADO | RESIDENTIAL | $60,000 | 147 ft |
| 918 22ND ST E MINNEAPOLIS MN 55404 | 918 E 22ND ST INVESTORS | APARTMENT | $5,384,000 | 156 ft |
| 2205 ELLIOT AVE MINNEAPOLIS MN 55404 | JOSE F GONZALEZ DELGADO | RESIDENTIAL-TWO UNIT | $376,700 | 156 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | BASHE SAID SISTE | TRIPLEX | $770,200 | 177 ft |
| 911 21ST ST E MINNEAPOLIS MN 55404 | THE MARIN INVESTMENTS LLC | APARTMENT | $497,000 | 193 ft |
| 2209 ELLIOT AVE MINNEAPOLIS MN 55404 | NATHAN B SIPES/LEAH J SIPES | RESIDENTIAL-TWO UNIT | $258,300 | 193 ft |
| 821 22ND ST E MINNEAPOLIS MN 55404 | T P ADAM & M E ADAM | RESIDENTIAL | $252,900 | 194 ft |
Most Recent Sale
Current Tax Year