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.
3 permits on record since 2017 · $18K total declared value · Most recent: Dec 2024 (remodel)
ALL ENERGY SOLAR INC
ERC Construction Inc
CENTERPOINT ENERGY
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
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 sfr / adu benchmarks for 2 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2422 24TH ST E MINNEAPOLIS MN 55406 | J K MARCHAND & M R MARCHAND | RESIDENTIAL | $297,600 | 57 ft |
| 2426 24TH ST E MINNEAPOLIS MN 55406 | STUART ADAM RONKAINEN | RESIDENTIAL | $375,700 | 65 ft |
| 2316 25TH AVE S MINNEAPOLIS MN 55406 | CASTLE WHITEHILL FAMILY TR | APARTMENT | $626,000 | 84 ft |
| 2418 24TH ST E MINNEAPOLIS MN 55406 | AARON BENJAMIN TOVO LIV TR | RESIDENTIAL | $346,200 | 90 ft |
| 2312 25TH AVE S MINNEAPOLIS MN 55406 | R B MEDINA & G RUBENSTEIN | RESIDENTIAL-TWO UNIT | $457,800 | 115 ft |
| 2321 25TH AVE S MINNEAPOLIS MN 55406 | DELMON INVESTMENTS LLC | RESIDENTIAL | $194,800 | 119 ft |
| 2414 24TH ST E MINNEAPOLIS MN 55406 | MELISSA S ZECK TRUST | RESIDENTIAL | $329,000 | 136 ft |
| 2500 24TH ST E MINNEAPOLIS MN 55406 | MIRANDA DAVIDSON | RESIDENTIAL-TWO UNIT | $331,000 | 136 ft |
| 2308 25TH AVE S MINNEAPOLIS MN 55406 | A H WELLE & A M APPLEBAUM | RESIDENTIAL | $453,500 | 149 ft |
| 2504 24TH ST E MINNEAPOLIS MN 55406 | LISA M GREENE | RESIDENTIAL | $365,000 | 169 ft |
Most Recent Sale
Current Tax Year