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.
6 permits on record since 2021 · Most recent: May 2024 (res)
CHAMPION PLUMBING LLC
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning LLC
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
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 1,980 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2115 ELLIOT AVE MINNEAPOLIS MN 55404 | CRESPO CONSTRUCTION LLC | RESIDENTIAL-TWO UNIT | $356,500 | 43 ft |
| 2119 ELLIOT AVE MINNEAPOLIS MN 55404 | MOHAMED ABDI YUSUF | RESIDENTIAL-TWO UNIT | $266,700 | 88 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | BASHE SAID SISTE | TRIPLEX | $770,200 | 89 ft |
| 911 21ST ST E MINNEAPOLIS MN 55404 | THE MARIN INVESTMENTS LLC | APARTMENT | $497,000 | 117 ft |
| 917 21ST ST E MINNEAPOLIS MN 55404 | A L O PEREZ & L N A ALVARADO | RESIDENTIAL | $330,000 | 154 ft |
| 918 22ND ST E MINNEAPOLIS MN 55404 | 918 E 22ND ST INVESTORS | APARTMENT | $5,384,000 | 156 ft |
| 2108 ELLIOT AVE MINNEAPOLIS MN 55404 | G GANSUKH & T GANSUKH | RESIDENTIAL-TWO UNIT | $292,900 | 184 ft |
| 2201 ELLIOT AVE MINNEAPOLIS MN 55404 | J P L GOMEZ & J M C CABRERA | RESIDENTIAL-TWO UNIT | $371,500 | 196 ft |
| 2106 ELLIOT AVE MINNEAPOLIS MN 55404 | URBAN HOMEWORKS INC | APARTMENT | $356,000 | 200 ft |
| 2112 ELLIOT AVE MINNEAPOLIS MN 55404 | ACMN PROPERTIES JADE LLC | LOW INCOME RENTAL | $432,000 | 201 ft |
Most Recent Sale
Current Tax Year