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 ↗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 2005 · $330K total declared value · Most recent: Nov 2005 (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 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 3,068 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1018 25TH ST E MINNEAPOLIS MN 55404 | JORGE ROMERO HERNANDEZ ET AL | VACANT LAND-RESIDENTIAL | $2,200 | 49 ft |
| 2444 11TH AVE S MINNEAPOLIS MN 55404 | PROJECT FOR PRIDE IN LIV INC | VACANT LAND-RESIDENTIAL | $28,000 | 66 ft |
| 1020 25TH ST E MINNEAPOLIS MN 55404 | TRUE TRUST ASSOCIATES LLC | RESIDENTIAL-TWO UNIT | $234,600 | 71 ft |
| 1010 25TH ST E MINNEAPOLIS MN 55404 | MANUEL T CHIMBO ET AL | RESIDENTIAL | $200,600 | 78 ft |
| 2442 11TH AVE S MINNEAPOLIS MN 55404 | JUAN CRUZ QUITO ET AL | RESIDENTIAL-TWO UNIT | $292,800 | 106 ft |
| 2445 10TH AVE S MINNEAPOLIS MN 55404 | HAYAT G ADUGNA | RESIDENTIAL | $334,000 | 133 ft |
| 2500 11TH AVE S MINNEAPOLIS MN 55404 | JOSE M LALA QUITO | RESIDENTIAL-TWO UNIT | $356,800 | 135 ft |
| 2453 10TH AVE S MINNEAPOLIS MN 55404 | P J EICHTEN & J M EICHTEN | RESIDENTIAL-TWO UNIT | $331,300 | 141 ft |
| 2436 11TH AVE S MINNEAPOLIS MN 55404 | R BAUMANN/L BAUMANN ET AL | RESIDENTIAL-TWO UNIT | $329,600 | 146 ft |
| 2441 10TH AVE S MINNEAPOLIS MN 55404 | ANNA LEBSACK & B R LEBSACK | RESIDENTIAL | $399,000 | 156 ft |
Most Recent Sale
Current Tax Year