Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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.
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 1062
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2620 24TH ST E MINNEAPOLIS MN 55406 | RYMA SCOTT PARTNERS LLC | RESIDENTIAL-TWO UNIT | $408,800 | 58 ft |
| 2616 24TH ST E MINNEAPOLIS MN 55406 | LADINO HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $460,100 | 102 ft |
| 2308 27TH AVE S MINNEAPOLIS MN 55406 | MOLLY HORTON/CONNOR KLAUSING | RESIDENTIAL-TWO UNIT | $420,000 | 107 ft |
| 2612 24TH ST E MINNEAPOLIS MN 55406 | COLIN E CARPENTER | RESIDENTIAL | $195,000 | 145 ft |
| 2304 27TH AVE S MINNEAPOLIS MN 55406 | S SEEMANN & J A ENGLISH | RESIDENTIAL-TWO UNIT | $414,400 | 152 ft |
| 2608 24TH ST E MINNEAPOLIS MN 55406 | E ENGSTROM & J ENGSTROM | RESIDENTIAL-TWO UNIT | $415,700 | 185 ft |
| 2323 27TH AVE S MINNEAPOLIS MN 55406 | JEREMY RAY REIMER | RESIDENTIAL-TWO UNIT | $422,300 | 193 ft |
| 2327 27TH AVE S MINNEAPOLIS MN 55406 | TUSHAR R MARATHE | APARTMENT | $581,000 | 196 ft |
| 2300 27TH AVE S MINNEAPOLIS MN 55406 | D & W ANDRE MED ASSET PRT TR | RESIDENTIAL | $318,000 | 197 ft |
| 2319 27TH AVE S MINNEAPOLIS MN 55406 | NICKIA JENSEN/ERIKA LINDER | RESIDENTIAL-TWO UNIT | $510,000 | 200 ft |