Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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.
3 permits on record since 2017 · Most recent: Dec 2025 (existres)
Warners Stellian Co Inc
CenterPoint Energy Resource Corp
Warners Stellian Co 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 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 sfr / adu benchmarks for 915 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2125 MILWAUKEE AVE MINNEAPOLIS MN 55404 | SEAN MURRAY & KATIE MURRAY | RESIDENTIAL | $351,000 | 38 ft |
| 2117 MILWAUKEE AVE MINNEAPOLIS MN 55404 | TAAG S EBERT TRUST | RESIDENTIAL | $382,000 | 59 ft |
| 2116 23RD AVE S MINNEAPOLIS MN 55404 | EMMA YOUNDTSMITH | RESIDENTIAL | $240,000 | 70 ft |
| 2227 FRANKLIN AVE E MINNEAPOLIS MN 55404 | MILWAUKEE AV HOMEOWNER ASSOC | COMMON AREA | $0 | 90 ft |
| 2112 23RD AVE S MINNEAPOLIS MN 55404 | SUSAN F SATTEL | RESIDENTIAL | $290,900 | 98 ft |
| 2113 MILWAUKEE AVE MINNEAPOLIS MN 55404 | RODNEY F JOHNSON | RESIDENTIAL | $354,200 | 101 ft |
| 2118 MILWAUKEE AVE MINNEAPOLIS MN 55404 | G CHEIFETZ & R L WIDOME | RESIDENTIAL | $435,400 | 120 ft |
| 2116 MILWAUKEE AVE MINNEAPOLIS MN 55404 | JEFFREY LARSON/KARIN L OLSON | RESIDENTIAL | $432,700 | 125 ft |
| 2109 MILWAUKEE AVE MINNEAPOLIS MN 55404 | HILLARY RICHARD ET AL | RESIDENTIAL | $361,000 | 136 ft |
| 2114 MILWAUKEE AVE MINNEAPOLIS MN 55404 | C SOLBERG & S M SOLBERG | RESIDENTIAL-ZERO LOT LINE | $296,000 | 138 ft |
Most Recent Sale
Current Tax Year