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 4,409 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2418 24TH ST E MINNEAPOLIS MN 55406 | AARON BENJAMIN TOVO LIV TR | RESIDENTIAL | $346,200 | 50 ft |
| 2422 24TH ST E MINNEAPOLIS MN 55406 | J K MARCHAND & M R MARCHAND | RESIDENTIAL | $297,600 | 90 ft |
| 2317 24TH AVE S MINNEAPOLIS MN 55406 | CYNTHIA R PRATT | RESIDENTIAL | $339,500 | 106 ft |
| 2316 25TH AVE S MINNEAPOLIS MN 55406 | CASTLE WHITEHILL FAMILY TR | APARTMENT | $626,000 | 107 ft |
| 2321 24TH AVE S MINNEAPOLIS MN 55406 | M M FORBES & A M JAVUREK | RESIDENTIAL | $340,100 | 112 ft |
| 2315 24TH AVE S MINNEAPOLIS MN 55406 | S A MORSE & R A MORSE | RESIDENTIAL | $499,000 | 124 ft |
| 2426 24TH ST E MINNEAPOLIS MN 55406 | STUART ADAM RONKAINEN | RESIDENTIAL | $375,700 | 131 ft |
| 2320 25TH AVE S MINNEAPOLIS MN 55406 | K A HANSON RV TR/J L HANSON | RESIDENTIAL | $297,100 | 136 ft |
| 2312 25TH AVE S MINNEAPOLIS MN 55406 | R B MEDINA & G RUBENSTEIN | RESIDENTIAL-TWO UNIT | $457,800 | 146 ft |
| 2309 24TH AVE S MINNEAPOLIS MN 55406 | BCO FAMILY LLC | RESIDENTIAL-TWO UNIT | $358,300 | 161 ft |
Current Tax Year