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.
1 permit on record since 2020 · Most recent: Oct 2020 (existres)
Ray N Welter Heating Co
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 3,060 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2020 27TH AVE S MINNEAPOLIS MN 55406 | R BLUMENSHINE & M VAN BOEKEL | RESIDENTIAL | $500,800 | 50 ft |
| 2010 27TH AVE S MINNEAPOLIS MN 55406 | FRANKLIN EAST LLC | COMMERCIAL-PREFERRED | $586,000 | 95 ft |
| 2100 27TH AVE S MINNEAPOLIS MN 55406 | SIMPLE LIVING LLC | TRIPLEX | $505,500 | 110 ft |
| 2627 FRANKLIN AVE E MINNEAPOLIS MN 55406 | FRANKLIN EAST LLC | COMMERCIAL-PREFERRED | $2,646,000 | 149 ft |
| 2106 27TH AVE S MINNEAPOLIS MN 55406 | ANNE ROMELLE KALOW | RESIDENTIAL-TWO UNIT | $399,000 | 160 ft |
| 2015 26TH AVE S MINNEAPOLIS MN 55406 | G M BARTER/C T HIGGINS ET AL | RESIDENTIAL-TWO UNIT | $392,100 | 167 ft |
| 2021 26TH AVE S MINNEAPOLIS MN 55406 | MARIE M LABRIE | RESIDENTIAL-TWO UNIT | $385,800 | 172 ft |
| 2025 26TH AVE S MINNEAPOLIS MN 55406 | MATTHEW E STENERSON | RESIDENTIAL-TWO UNIT | $340,800 | 186 ft |
| 2609 FRANKLIN AVE E MINNEAPOLIS MN 55406 | NATIFS HOLDINGS LLC | LAND-COMMERCIAL | $90,300 | 197 ft |
| 2108 27TH AVE S MINNEAPOLIS MN 55406 | JACQUELINE NWAIWU | RESIDENTIAL-TWO UNIT | $390,600 | 200 ft |
Most Recent Sale
Current Tax Year