Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 2024 · $14K total declared value · Most recent: Apr 2024 (misc)
Mighty Dog Roofing SW Minneapolis
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
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 3-story wood frame (5–12 units) benchmarks for 3,743 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2209 CHICAGO AVE MINNEAPOLIS MN 55404 | ANA JARA-ARIAS & DAVID ARIAS | RESIDENTIAL | $232,300 | 43 ft |
| 2203 CHICAGO AVE MINNEAPOLIS MN 55404 | PAUL L WEST | RESIDENTIAL | $310,000 | 48 ft |
| 2215 CHICAGO AVE MINNEAPOLIS MN 55404 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 88 ft |
| 813 22ND ST E MINNEAPOLIS MN 55404 | M N WIRSING & A E WIRSING | RESIDENTIAL | $274,000 | 108 ft |
| 817 22ND ST E MINNEAPOLIS MN 55404 | SHELLEY R SOLIN | RESIDENTIAL | $218,100 | 149 ft |
| 2208 ELLIOT AVE MINNEAPOLIS MN 55404 | C R ALECKSON & D J ALECKSON | RESIDENTIAL | $256,000 | 162 ft |
| 2219 CHICAGO AVE MINNEAPOLIS MN 55404 | OUR SAVIOUR'S COMMUNITY SRVS | APARTMENT | $0 | 162 ft |
| 2212 ELLIOT AVE MINNEAPOLIS MN 55404 | A MOHAMED & RUQUIA DUALE | RESIDENTIAL | $317,000 | 182 ft |
| 2206 ELLIOT AVE MINNEAPOLIS MN 55404 | TRHEEA | RESIDENTIAL | $184,000 | 188 ft |
| 2113 CHICAGO AVE MINNEAPOLIS MN 55404 | DONNA K TSENG ET AL | COMMERCIAL-PREFERRED | $479,000 | 200 ft |
Most Recent Sale
Current Tax Year