ParcelLens
Property Intelligence · Twin Cities
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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 2017 · $10K total declared value · Most recent: Sep 2017 (misc)
John Suddard Bangsund
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 2,085 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2013 24TH AVE S MINNEAPOLIS MN 55406 | SAMUEL WENDLANDT | RESIDENTIAL | $280,900 | 34 ft |
| 2023 24TH AVE S MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | APARTMENT | $0 | 45 ft |
| 2101 24TH AVE S MINNEAPOLIS MN 55406 | MARK M HUSTEDDE | RESIDENTIAL-TWO UNIT | $395,900 | 99 ft |
| 2401 FRANKLIN AVE E MINNEAPOLIS MN 55406 | DR SIRAK A HAILU | COMMERCIAL-PREFERRED | $343,000 | 134 ft |
| 2105 24TH AVE S MINNEAPOLIS MN 55406 | P M FLECK & M M WEBER | RESIDENTIAL-TWO UNIT | $412,400 | 144 ft |
| 2425 FRANKLIN AVE E MINNEAPOLIS MN 55406 | LONGFELLOW ASSOC LTD PARTNER | COMMERCIAL-PREFERRED | $1,014,900 | 168 ft |
| 2425 FRANKLIN AVE E MINNEAPOLIS MN 55406 | DECOURCY SQUIRE | CONDOMINIUM | $160,000 | 168 ft |
| 2425 FRANKLIN AVE E MINNEAPOLIS MN 55406 | ADAM N KAPLAN | CONDOMINIUM | $160,000 | 168 ft |
| 2425 FRANKLIN AVE E MINNEAPOLIS MN 55406 | ELIZABETH TIGABU MELESA | CONDOMINIUM | $162,000 | 168 ft |
| 2425 FRANKLIN AVE E MINNEAPOLIS MN 55406 | JEFFREY MCCOLLUM | CONDOMINIUM | $130,000 | 168 ft |
Most Recent Sale
Current Tax Year