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.
6 permits on record since 2017 · $8K total declared value · Most recent: Oct 2023 (misc)
BAYPORT ROOFING AND SIDING LLC
BAYPORT ROOFING AND SIDING LLC
FFM LLC
Ray N Welter Heating Co
CHAMPION PLUMBING 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 1060
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 1,391 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1103 22ND ST E MINNEAPOLIS MN 55404 | M J TONG & C E TONG | RESIDENTIAL-ZERO LOT LINE | $231,900 | 33 ft |
| 1109 22ND ST E MINNEAPOLIS MN 55404 | HIAT MOHAMOUD/IBRAHIM ROBLE | RESIDENTIAL-ZERO LOT LINE | $260,000 | 41 ft |
| 2209 11TH AVE S MINNEAPOLIS MN 55404 | A R QUINTANA & J B A PONCE | RESIDENTIAL-ZERO LOT LINE | $323,200 | 69 ft |
| 1101 22ND ST E MINNEAPOLIS MN 55404 | OCHALLA CHAM | RESIDENTIAL-ZERO LOT LINE | $222,600 | 74 ft |
| 2211 11TH AVE S MINNEAPOLIS MN 55404 | ASHA ARNEJA | RESIDENTIAL-ZERO LOT LINE | $242,700 | 102 ft |
| 2215 11TH AVE S MINNEAPOLIS MN 55404 | KAFI BARRE & AHMED ABDI | RESIDENTIAL-ZERO LOT LINE | $252,200 | 134 ft |
| 1201 22ND ST E MINNEAPOLIS MN 55404 | S & M ALABI | RESIDENTIAL-ZERO LOT LINE | $253,600 | 145 ft |
| 2121 11TH AVE S MINNEAPOLIS MN 55404 | EVEREST HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $299,200 | 156 ft |
| 1106 22ND ST E MINNEAPOLIS MN 55404 | MEGAN LAUREN HSIANG | RESIDENTIAL | $374,000 | 156 ft |
| 2217 11TH AVE S MINNEAPOLIS MN 55404 | BELGIE ARGAW YIMER | RESIDENTIAL-ZERO LOT LINE | $247,800 | 168 ft |
Most Recent Sale
Current Tax Year