Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2020 · Most recent: Aug 2020 (res)
Erik Nelson Plumbing LLC
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 4,971 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2311 23RD AVE S MINNEAPOLIS MN 55404 | DENNIS A FISCHER AND WIFE | RESIDENTIAL | $370,000 | 54 ft |
| 2306 24TH ST E MINNEAPOLIS MN 55406 | MILWAUKEE AV TOWNHOUSE ASSOC | LOW INCOME RENTAL | $671,000 | 79 ft |
| 2305 23RD AVE S MINNEAPOLIS MN 55404 | J A ROBEY & S J HEGARTY | RESIDENTIAL | $529,800 | 108 ft |
| 2301 23RD AVE S MINNEAPOLIS MN 55404 | ELLEN DUPLER & WADE LARSON | RESIDENTIAL | $393,700 | 160 ft |
| 2312 24TH AVE S MINNEAPOLIS MN 55406 | J HOLM & J LACHOWSKY | RESIDENTIAL | $397,200 | 173 ft |
| 2316 24TH AVE S MINNEAPOLIS MN 55406 | ALYSSA BARNA/DANIEL PETERSON | RESIDENTIAL | $336,000 | 180 ft |
| 2308 24TH AVE S MINNEAPOLIS MN 55406 | G R MILLER & R JAEGER-MILLER | RESIDENTIAL | $347,400 | 181 ft |
| 2310 23RD AVE S MINNEAPOLIS MN 55404 | TSZE FONG CHAN | RESIDENTIAL | $305,200 | 188 ft |
| 2330 24TH ST E MINNEAPOLIS MN 55406 | JEROME HOFER & LAURA HOFER | RESIDENTIAL | $419,000 | 202 ft |
| 2304 24TH AVE S MINNEAPOLIS MN 55406 | C J NEVILLE & C I WAWRA | RESIDENTIAL | $387,900 | 203 ft |
Most Recent Sale
Current Tax Year