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 ↗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 ↗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.
2 permits on record since 2010 · $3.4M total declared value · Most recent: Sep 2010 (building re-inspection)
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
Residential Mixed-Use 3 — higher-density mixed 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2110 PARK AVE MINNEAPOLIS MN 55404 | 2110 PARK LLC | LOW INCOME RENTAL | $1,752,000 | 101 ft |
| 2111 OAKLAND AVE MINNEAPOLIS MN 55404 | PEOPLE INC | LAND-COMMERCIAL | $0 | 122 ft |
| 2104 PARK AVE MINNEAPOLIS MN 55404 | FIRST CHOICE LLC LLC | COMMERCIAL-PREFERRED | $1,360,000 | 160 ft |
| 616 22ND ST E MINNEAPOLIS MN 55404 | DUNDRY HOUSE LLC | LOW INCOME RENTAL | $399,900 | 197 ft |
| 2200 PARK AVE MINNEAPOLIS MN 55404 | STALLION PROPERTIES LLC | APARTMENT | $1,555,900 | 200 ft |
| 2022 PARK AVE MINNEAPOLIS MN 55404 | 2022 PARK AVE LLC | LOW INCOME RENTAL | $2,361,000 | 231 ft |
| 2110 OAKLAND AVE MINNEAPOLIS MN 55404 | FRNKLN PRTLND GTWY PHSE I LP | LOW INCOME RENTAL | $618,000 | 242 ft |
| 610 22ND ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $149,000 | 260 ft |
| 612 22ND ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $145,000 | 260 ft |
| 614 22ND ST E MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAND TRST | — | $149,000 | 260 ft |
Most Recent Sale
Current Tax Year