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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
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 3,152 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2422 ELLIOT AVE MINNEAPOLIS MN 55404 | GHOLAMREZA ASHRAFZADEHKIAN | RESIDENTIAL-TWO UNIT | $277,000 | 47 ft |
| 2430 ELLIOT AVE MINNEAPOLIS MN 55404 | M A G BARRETO/I M P GUARMAN | TRIPLEX | $557,200 | 48 ft |
| 2436 ELLIOT AVE MINNEAPOLIS MN 55404 | EVAN D HALL & BOHYUN K HALL | RESIDENTIAL | $292,600 | 96 ft |
| 2418 ELLIOT AVE MINNEAPOLIS MN 55404 | TRILLIUM GRAND OWNER LLC | VACANT LAND-RESIDENTIAL | $25,000 | 99 ft |
| 2427 CHICAGO AVE MINNEAPOLIS MN 55404 | DOUGLAS SWEET | RESIDENTIAL-TWO UNIT | $292,000 | 137 ft |
| 2423 CHICAGO AVE MINNEAPOLIS MN 55404 | AMERICAN INDIAN ELD HSG LLC | COMMERCIAL-PREFERRED | $0 | 145 ft |
| 2431 CHICAGO AVE MINNEAPOLIS MN 55404 | JACOB SIMONSON | RESIDENTIAL | $386,000 | 146 ft |
| 2421 CHICAGO AVE MINNEAPOLIS MN 55404 | WALK-IN COUNSELING CTR INC | COMMERCIAL-PREFERRED | $0 | 166 ft |
| 2442 ELLIOT AVE MINNEAPOLIS MN 55404 | F R SCHMIDT & A D SCHMIDT | RESIDENTIAL-TWO UNIT | $555,200 | 167 ft |
| 2435 CHICAGO AVE MINNEAPOLIS MN 55404 | L MOLINA & F MORA | TRIPLEX | $429,300 | 167 ft |
Most Recent Sale
Current Tax Year