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.
5 permits on record since 2018 · $32K total declared value · Most recent: Sep 2025 (misc)
Blackrock Exteriors
Pronto Heating & Air Conditioning Inc
REEDER HOME RESTORATIONS
REEDER HOME RESTORATIONS
THINK STUCCO
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Seward · 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
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 3,400 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2108 27TH AVE S MINNEAPOLIS MN 55406 | JACQUELINE NWAIWU | RESIDENTIAL-TWO UNIT | $390,600 | 40 ft |
| 2100 27TH AVE S MINNEAPOLIS MN 55406 | SIMPLE LIVING LLC | TRIPLEX | $505,500 | 50 ft |
| 2112 27TH AVE S MINNEAPOLIS MN 55406 | HEIDI JAMES & HILARY JAMES | RESIDENTIAL-TWO UNIT | $365,300 | 80 ft |
| 2020 27TH AVE S MINNEAPOLIS MN 55406 | R BLUMENSHINE & M VAN BOEKEL | RESIDENTIAL | $500,800 | 110 ft |
| 2016 27TH AVE S MINNEAPOLIS MN 55406 | ARLENE K INNMON | RESIDENTIAL | $313,700 | 160 ft |
| 2624 22ND ST E MINNEAPOLIS MN 55406 | E MARTENS & M FULTON | RESIDENTIAL-TWO UNIT | $447,300 | 161 ft |
| 2620 22ND ST E MINNEAPOLIS MN 55406 | CATHERINE R STANLEY ET AL | RESIDENTIAL-TWO UNIT | $435,300 | 162 ft |
| 2105 26TH AVE S MINNEAPOLIS MN 55406 | M I ASP & M J RUSSELL | RESIDENTIAL | $399,300 | 167 ft |
| 2628 22ND ST E MINNEAPOLIS MN 55406 | CU NGOC NGUYEN | RESIDENTIAL-TWO UNIT | $378,400 | 169 ft |
| 2101 26TH AVE S MINNEAPOLIS MN 55406 | ERICK M BIARD | RESIDENTIAL-TWO UNIT | $455,600 | 171 ft |
Most Recent Sale
Current Tax Year