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.
4 permits on record since 2017 · $54K total declared value · Most recent: Nov 2023 (misc)
EMPIRE EXTERIORS INC
EMPIRE EXTERIORS INC
INTEGRITY HEATING AND AIR CONDITIONING LLC
THE HOME DEPOT
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 3,630 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2024 OAKLAND AVE MINNEAPOLIS MN 55404 | HOPE BLK STABILIZN PHS I LLC | LOW INCOME RENTAL | $394,500 | 50 ft |
| 2016 OAKLAND AVE MINNEAPOLIS MN 55404 | ABYSSINIA LLC | APARTMENT | $365,000 | 50 ft |
| 2014 OAKLAND AVE MINNEAPOLIS MN 55404 | SERGIO VELAZQUEZ MENDOZA | RESIDENTIAL | $271,000 | 88 ft |
| 2026 OAKLAND AVE MINNEAPOLIS MN 55404 | HOPE BLK STABILIZN PHS I LLC | LOW INCOME RENTAL | $285,100 | 99 ft |
| 2012 OAKLAND AVE MINNEAPOLIS MN 55404 | HOPE COMMUNITY INC | VACANT LAND-RESIDENTIAL | $5,800 | 112 ft |
| 2023 PORTLAND AVE MINNEAPOLIS MN 55404 | HOPE BLK STABILIZN PHS I LLC | LOW INCOME RENTAL | $455,000 | 125 ft |
| 2101 PORTLAND AVE MINNEAPOLIS MN 55404 | ST JOSEPH HOUSE | LOW INCOME RENTAL | $340,000 | 134 ft |
| 2013 PORTLAND AVE MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE | APARTMENT | $505,000 | 152 ft |
| 2107 PORTLAND AVE MINNEAPOLIS MN 55404 | CITY/LAKES COMMUNITY LAND TR | — | $222,900 | 161 ft |
| 2110 OAKLAND AVE MINNEAPOLIS MN 55404 | FRNKLN PRTLND GTWY PHSE I LP | LOW INCOME RENTAL | $618,000 | 165 ft |
Most Recent Sale
Current Tax Year