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 ↗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 ↗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.
1 permit on record since 2017 · Most recent: Dec 2017 (res)
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
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 1,255 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2526 24TH ST E MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 61 ft |
| 2316 26TH AVE S MINNEAPOLIS MN 55406 | ROBIN & JASON BRESETTE | RESIDENTIAL | $389,300 | 65 ft |
| 2522 24TH ST E MINNEAPOLIS MN 55406 | MARY CRESS BERLOWE | RESIDENTIAL | $355,500 | 77 ft |
| 2312 26TH AVE S MINNEAPOLIS MN 55406 | MINH HUYNH | RESIDENTIAL-TWO UNIT | $394,300 | 101 ft |
| 2308 26TH AVE S MINNEAPOLIS MN 55406 | CARL GUSTAFSON/ASHLEY BROWN | RESIDENTIAL-TWO UNIT | $379,800 | 139 ft |
| 2510 24TH ST E MINNEAPOLIS MN 55406 | IMAN LLC | APARTMENT | $517,000 | 146 ft |
| 2304 26TH AVE S MINNEAPOLIS MN 55406 | ANGEL ROBLES | RESIDENTIAL-TWO UNIT | $368,200 | 178 ft |
| 2600 24TH ST E MINNEAPOLIS MN 55406 | KHALID ANSARI/HEKMAT HATAB | TRIPLEX | $565,400 | 184 ft |
| 2400 26TH AVE S MINNEAPOLIS MN 55406 | K WEBB & L PASQUALE | RESIDENTIAL-TWO UNIT | $457,900 | 209 ft |
| 2317 25TH AVE S MINNEAPOLIS MN 55406 | E F OSTERGAARD | RESIDENTIAL-TWO UNIT | $365,700 | 210 ft |
Most Recent Sale
Current Tax Year