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 ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗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 ↗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 2019 · $29K total declared value · Most recent: Jul 2025 (existres)
Standard Heating and Air Conditioning Inc
GARLOCK FRENCH ROOFING
GARLOCK FRENCH ROOFING
Metro Heating & Cooling LLC
Linn Star Transfer 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 720 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2007 MILWAUKEE AVE MINNEAPOLIS MN 55404 | S SEITZER & V J OLSON | RESIDENTIAL | $342,000 | 35 ft |
| 2015 MILWAUKEE AVE MINNEAPOLIS MN 55404 | E P DAWLEY/K E B AASENG | RESIDENTIAL | $373,000 | 35 ft |
| 2010 23RD AVE S MINNEAPOLIS MN 55404 | M MARCHINI & H ARNOLD | RESIDENTIAL | $232,000 | 64 ft |
| 2017 MILWAUKEE AVE MINNEAPOLIS MN 55404 | SAMUEL L STROMWALL | RESIDENTIAL | $354,000 | 70 ft |
| 2012 23RD AVE S MINNEAPOLIS MN 55404 | EMILY J MERCIL | RESIDENTIAL | $257,800 | 84 ft |
| 2221 FRANKLIN AVE E MINNEAPOLIS MN 55404 | GREEN LIVING PROPERTIES LLC | RESIDENTIAL | $1,002,000 | 97 ft |
| 2023 MILWAUKEE AVE MINNEAPOLIS MN 55404 | E GOLDBERG & C KLEMAN | RESIDENTIAL | $361,000 | 105 ft |
| 2219 FRANKLIN AVE E MINNEAPOLIS MN 55404 | CHARLES A HOFFMAN INC | COMMERCIAL-PREFERRED | $275,000 | 105 ft |
| 2012 MILWAUKEE AVE MINNEAPOLIS MN 55404 | M PUMPHREY & N E PIAZZA | RESIDENTIAL | $459,000 | 121 ft |
| 2016 23RD AVE S MINNEAPOLIS MN 55404 | MIRIAM L KING | RESIDENTIAL | $215,200 | 125 ft |
Most Recent Sale
Current Tax Year