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 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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
1 permit on record since 2020 · $20K total declared value · Most recent: Jul 2020 (roofwind)
QT COMMERCIAL
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 8,618 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2112 22ND AVE S MINNEAPOLIS MN 55404 | R M WALTERS & L MK WALTERS | RESIDENTIAL-TWO UNIT | $422,500 | 58 ft |
| 2020 22ND AVE S MINNEAPOLIS MN 55404 | BWC Q LLC & BWC Z LLC | APARTMENT | $3,233,000 | 117 ft |
| 2113 21ST AVE S MINNEAPOLIS MN 55404 | ZAID T TSEGAI | CONDOMINIUM | $220,000 | 167 ft |
| 2115 21ST AVE S MINNEAPOLIS MN 55404 | ERIC PALAN | CONDOMINIUM | $218,000 | 167 ft |
| 2117 21ST AVE S MINNEAPOLIS MN 55404 | ALEXANDER VINCENT WILKENING | CONDOMINIUM | $200,000 | 167 ft |
| 2119 21ST AVE S MINNEAPOLIS MN 55404 | NATHAN HUNKINS | CONDOMINIUM | $211,000 | 167 ft |
| 2121 21ST AVE S MINNEAPOLIS MN 55404 | ELIZABETH I WRIGHLEY FIELD | CONDOMINIUM | $216,000 | 167 ft |
| 2123 21ST AVE S MINNEAPOLIS MN 55404 | LIEN THI NGOC TRAN ET AL | CONDOMINIUM | $219,000 | 167 ft |
| 2104 22ND ST E MINNEAPOLIS MN 55404 | YIJING SHENG/ALBERT SHENG TR | CONDOMINIUM | $217,000 | 167 ft |
| 2106 22ND ST E MINNEAPOLIS MN 55404 | JULIE A MADDEN | CONDOMINIUM | $211,000 | 167 ft |
Most Recent Sale
Current Tax Year