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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
4 permits on record since 2017 · $5K total declared value · Most recent: Apr 2025 (remodel)
Three Rivers Contracting LLC
Urban Pine Plumbing and Mechanical Inc
Owens Companies Inc
Centraire Heating & Air Conditioning 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,955 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2316 22ND AVE S MINNEAPOLIS MN 55404 | RICHARD UPDEGROVE II ET AL | RESIDENTIAL-TWO UNIT | $354,000 | 56 ft |
| 2104 24TH ST E MINNEAPOLIS MN 55404 | ZAYNIA ABDI & YUSUF AHMED | RESIDENTIAL | $324,000 | 99 ft |
| 2312 22ND AVE S MINNEAPOLIS MN 55404 | THERESA F NELSON | RESIDENTIAL | $210,100 | 122 ft |
| 2111 24TH ST E MINNEAPOLIS MN 55404 | AT LAST GOURMET FOODS INC | RESIDENTIAL-TWO UNIT | $381,000 | 139 ft |
| 2321 MINNEHAHA AVE MINNEAPOLIS MN 55404 | G D & M LUNDQUIST | RESIDENTIAL | $366,200 | 146 ft |
| 2200 24TH ST E MINNEAPOLIS MN 55404 | T J LUSK/M HOCHSTETTLER ETAL | RESIDENTIAL | $266,600 | 152 ft |
| 2308 22ND AVE S MINNEAPOLIS MN 55404 | G W HESSER & N P HOMANS | RESIDENTIAL | $420,500 | 172 ft |
| 2317 22ND AVE S MINNEAPOLIS MN 55404 | K PARRA & C CANO-GARNION | RESIDENTIAL-TWO UNIT | $324,200 | 186 ft |
| 2407 MINNEHAHA AVE MINNEAPOLIS MN 55404 | AT LAST GOURMET FOODS INC | INDUSTRIAL-PREFERRED | $352,000 | 188 ft |
| 2204 24TH ST E MINNEAPOLIS MN 55404 | PATRICIA ANN SHEPARD | RESIDENTIAL | $314,700 | 196 ft |
Most Recent Sale
Current Tax Year