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.
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 2,467 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2608 24TH ST E MINNEAPOLIS MN 55406 | E ENGSTROM & J ENGSTROM | RESIDENTIAL-TWO UNIT | $415,700 | 40 ft |
| 2616 24TH ST E MINNEAPOLIS MN 55406 | LADINO HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $460,100 | 43 ft |
| 2620 24TH ST E MINNEAPOLIS MN 55406 | RYMA SCOTT PARTNERS LLC | RESIDENTIAL-TWO UNIT | $408,800 | 87 ft |
| 2600 24TH ST E MINNEAPOLIS MN 55406 | KHALID ANSARI/HEKMAT HATAB | TRIPLEX | $565,400 | 100 ft |
| 2317 26TH AVE S MINNEAPOLIS MN 55406 | LISA D YANG | RESIDENTIAL-TWO UNIT | $412,000 | 113 ft |
| 2308 27TH AVE S MINNEAPOLIS MN 55406 | MOLLY HORTON/CONNOR KLAUSING | RESIDENTIAL-TWO UNIT | $420,000 | 144 ft |
| 2322 27TH AVE S MINNEAPOLIS MN 55406 | TIMOTHY/BARBARA FRIBERG R TR | TRIPLEX | $548,100 | 145 ft |
| 2313 26TH AVE S MINNEAPOLIS MN 55406 | CANDEE KAATZ & DAVID B KAATZ | APARTMENT | $417,000 | 149 ft |
| 2304 27TH AVE S MINNEAPOLIS MN 55406 | S SEEMANN & J A ENGLISH | RESIDENTIAL-TWO UNIT | $414,400 | 180 ft |
| 2309 26TH AVE S MINNEAPOLIS MN 55406 | 3633 GRAND LLC | APARTMENT | $548,000 | 186 ft |
Most Recent Sale
Current Tax Year