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.
6 permits on record since 2017 · $53K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
Ahmed Mohamed
PB Services LLC
LIBERTY PLUMBING CO LLC
ALL AREA MANAGEMENT LLC
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 |
|---|---|---|---|---|
| 2309 25TH AVE S MINNEAPOLIS MN 55406 | KRISTINE A JURGENSON | RESIDENTIAL-TWO UNIT | $372,100 | 40 ft |
| 2317 25TH AVE S MINNEAPOLIS MN 55406 | E F OSTERGAARD | RESIDENTIAL-TWO UNIT | $365,700 | 40 ft |
| 2305 25TH AVE S MINNEAPOLIS MN 55406 | A E LUKER & B D ALFT | RESIDENTIAL | $391,000 | 80 ft |
| 2321 25TH AVE S MINNEAPOLIS MN 55406 | DELMON INVESTMENTS LLC | RESIDENTIAL | $194,800 | 114 ft |
| 2301 25TH AVE S MINNEAPOLIS MN 55406 | SHAUN T PARKS/LYNITA R PARKS | RESIDENTIAL | $406,800 | 120 ft |
| 2504 24TH ST E MINNEAPOLIS MN 55406 | LISA M GREENE | RESIDENTIAL | $365,000 | 136 ft |
| 2510 24TH ST E MINNEAPOLIS MN 55406 | IMAN LLC | APARTMENT | $517,000 | 149 ft |
| 2221 25TH AVE S MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 160 ft |
| 2312 26TH AVE S MINNEAPOLIS MN 55406 | MINH HUYNH | RESIDENTIAL-TWO UNIT | $394,300 | 167 ft |
| 2500 24TH ST E MINNEAPOLIS MN 55406 | MIRANDA DAVIDSON | RESIDENTIAL-TWO UNIT | $331,000 | 169 ft |
Most Recent Sale
Current Tax Year