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.
5 permits on record since 2017 · $69K total declared value · Most recent: Sep 2024 (misc)
PATES INC
Micah Gearhart
CREW2 INC
FIRESIDE HEARTH AND HOME
ALL ENERGY SOLAR INC
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 4,995 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2210 24TH AVE S MINNEAPOLIS MN 55406 | J HAEFEMEYER & L S HOCH | RESIDENTIAL | $385,100 | 43 ft |
| 2216 24TH AVE S MINNEAPOLIS MN 55406 | KIRA J HASBARGEN | RESIDENTIAL | $351,100 | 53 ft |
| 2206 24TH AVE S MINNEAPOLIS MN 55406 | JORDAN PATRICK ERMER | RESIDENTIAL | $338,000 | 77 ft |
| 2300 24TH AVE S MINNEAPOLIS MN 55406 | DANE S MCLAIN | RESIDENTIAL-TWO UNIT | $421,500 | 104 ft |
| 2204 24TH AVE S MINNEAPOLIS MN 55406 | RAJIV K DHITAL | RESIDENTIAL | $391,200 | 112 ft |
| 2304 24TH AVE S MINNEAPOLIS MN 55406 | C J NEVILLE & C I WAWRA | RESIDENTIAL | $387,900 | 157 ft |
| 2200 24TH AVE S MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 158 ft |
| 2317 22ND ST E MINNEAPOLIS MN 55406 | KATHLEEN REITAN | RESIDENTIAL | $299,800 | 162 ft |
| 2315 22ND ST E MINNEAPOLIS MN 55406 | M LAFAVE & L LAFAVE | RESIDENTIAL | $398,300 | 172 ft |
| 2215 23RD AVE S MINNEAPOLIS MN 55404 | J C ZELLER ETAL TRUSTEES | RESIDENTIAL | $354,500 | 173 ft |
Most Recent Sale
Current Tax Year