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.
3 permits on record since 2017 · $14K total declared value · Most recent: Dec 2021 (commfdrr)
BURNOMATIC
CENTERPOINT ENERGY
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,652 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2527 22ND ST E MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 40 ft |
| 2521 22ND ST E MINNEAPOLIS MN 55406 | ANTHONY FREDRICK PRIOLO | RESIDENTIAL-TWO UNIT | $351,100 | 80 ft |
| 2210 26TH AVE S MINNEAPOLIS MN 55406 | THOMAS BURNS TRUSTEE | TRIPLEX | $551,100 | 96 ft |
| 2519 22ND ST E MINNEAPOLIS MN 55406 | J A WASHBURNE & T L BEARD | RESIDENTIAL-TWO UNIT | $522,500 | 119 ft |
| 2601 22ND ST E MINNEAPOLIS MN 55406 | M A JIWANI & S D JIWANI | RESIDENTIAL-TWO UNIT | $333,600 | 140 ft |
| 2216 26TH AVE S MINNEAPOLIS MN 55406 | MARGARET A KELAART | RESIDENTIAL-TWO UNIT | $380,300 | 142 ft |
| 2513 22ND ST E MINNEAPOLIS MN 55406 | E K ISENSEE & M J ISENSEE | RESIDENTIAL | $334,300 | 160 ft |
| 2220 26TH AVE S MINNEAPOLIS MN 55406 | JILL MARIE PETERSON | RESIDENTIAL-TWO UNIT | $401,200 | 180 ft |
| 2605 22ND ST E MINNEAPOLIS MN 55406 | SUSAN CAROL CARLSON | RESIDENTIAL | $348,400 | 180 ft |
| 2528 22ND ST E MINNEAPOLIS MN 55406 | LAUREN FLYNN | RESIDENTIAL-TWO UNIT | $478,700 | 190 ft |
Most Recent Sale
Current Tax Year