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 ↗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.
5 permits on record since 2017 · $13K total declared value · Most recent: Feb 2026 (commercial minor)
MN Plumbing & Home Services INC
MN Plumbing & Home Services INC
REPAIR KING
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 sfr / adu benchmarks for 940 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2504 24TH ST E MINNEAPOLIS MN 55406 | LISA M GREENE | RESIDENTIAL | $365,000 | 51 ft |
| 2321 25TH AVE S MINNEAPOLIS MN 55406 | DELMON INVESTMENTS LLC | RESIDENTIAL | $194,800 | 61 ft |
| 2426 24TH ST E MINNEAPOLIS MN 55406 | STUART ADAM RONKAINEN | RESIDENTIAL | $375,700 | 120 ft |
| 2510 24TH ST E MINNEAPOLIS MN 55406 | IMAN LLC | APARTMENT | $517,000 | 122 ft |
| 2317 25TH AVE S MINNEAPOLIS MN 55406 | E F OSTERGAARD | RESIDENTIAL-TWO UNIT | $365,700 | 132 ft |
| 2320 25TH AVE S MINNEAPOLIS MN 55406 | K A HANSON RV TR/J L HANSON | RESIDENTIAL | $297,100 | 136 ft |
| 2501 24TH ST E MINNEAPOLIS MN 55406 | MY LY | RESIDENTIAL | $323,900 | 152 ft |
| 2422 24TH ST E MINNEAPOLIS MN 55406 | J K MARCHAND & M R MARCHAND | RESIDENTIAL | $297,600 | 161 ft |
| 2313 25TH AVE S MINNEAPOLIS MN 55406 | AHMED MOHAMED & H ABDULAHI | RESIDENTIAL | $306,500 | 169 ft |
| 2522 24TH ST E MINNEAPOLIS MN 55406 | MARY CRESS BERLOWE | RESIDENTIAL | $355,500 | 196 ft |
Most Recent Sale
Current Tax Year