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.
No permits found in Minneapolis open data for this parcel.
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 3,289 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2500 24TH ST E MINNEAPOLIS MN 55406 | MIRANDA DAVIDSON | RESIDENTIAL-TWO UNIT | $331,000 | 51 ft |
| 2321 25TH AVE S MINNEAPOLIS MN 55406 | DELMON INVESTMENTS LLC | RESIDENTIAL | $194,800 | 58 ft |
| 2510 24TH ST E MINNEAPOLIS MN 55406 | IMAN LLC | APARTMENT | $517,000 | 75 ft |
| 2317 25TH AVE S MINNEAPOLIS MN 55406 | E F OSTERGAARD | RESIDENTIAL-TWO UNIT | $365,700 | 96 ft |
| 2313 25TH AVE S MINNEAPOLIS MN 55406 | AHMED MOHAMED & H ABDULAHI | RESIDENTIAL | $306,500 | 136 ft |
| 2522 24TH ST E MINNEAPOLIS MN 55406 | MARY CRESS BERLOWE | RESIDENTIAL | $355,500 | 149 ft |
| 2501 24TH ST E MINNEAPOLIS MN 55406 | MY LY | RESIDENTIAL | $323,900 | 166 ft |
| 2426 24TH ST E MINNEAPOLIS MN 55406 | STUART ADAM RONKAINEN | RESIDENTIAL | $375,700 | 166 ft |
| 2320 25TH AVE S MINNEAPOLIS MN 55406 | K A HANSON RV TR/J L HANSON | RESIDENTIAL | $297,100 | 169 ft |
| 2309 25TH AVE S MINNEAPOLIS MN 55406 | KRISTINE A JURGENSON | RESIDENTIAL-TWO UNIT | $372,100 | 176 ft |
Most Recent Sale
Current Tax Year