ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2024 · $28K total declared value · Most recent: Mar 2024 (roofwind)
ALL ELEMENTS INC
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 5,115 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2011 PORTLAND AVE MINNEAPOLIS MN 55404 | ST JOSEPH HOUSE | LOW INCOME RENTAL | $223,200 | 50 ft |
| 2009 PORTLAND AVE MINNEAPOLIS MN 55404 | LAURA ANN KUPKA | RESIDENTIAL | $129,000 | 75 ft |
| 2023 PORTLAND AVE MINNEAPOLIS MN 55404 | HOPE BLK STABILIZN PHS I LLC | LOW INCOME RENTAL | $455,000 | 75 ft |
| 2014 OAKLAND AVE MINNEAPOLIS MN 55404 | SERGIO VELAZQUEZ MENDOZA | RESIDENTIAL | $271,000 | 125 ft |
| 2012 OAKLAND AVE MINNEAPOLIS MN 55404 | HOPE COMMUNITY INC | VACANT LAND-RESIDENTIAL | $5,800 | 127 ft |
| 2016 OAKLAND AVE MINNEAPOLIS MN 55404 | ABYSSINIA LLC | APARTMENT | $365,000 | 130 ft |
| 2101 PORTLAND AVE MINNEAPOLIS MN 55404 | ST JOSEPH HOUSE | LOW INCOME RENTAL | $340,000 | 137 ft |
| 611 FRANKLIN AVE E MINNEAPOLIS MN 55404 | FRANKLIN PRTLND GTWY PH I LP | LOW INCOME RENTAL | $3,686,500 | 145 ft |
| 2020 OAKLAND AVE MINNEAPOLIS MN 55404 | NIMLE PROPERTIES LLC | RESIDENTIAL | $339,300 | 152 ft |
| 2024 OAKLAND AVE MINNEAPOLIS MN 55404 | HOPE BLK STABILIZN PHS I LLC | LOW INCOME RENTAL | $394,500 | 185 ft |
Most Recent Sale
Current Tax Year