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.
5 permits on record since 2017 · $39K total declared value · Most recent: Apr 2024 (res)
Professional Mechanical Services LLC
GARLOCK FRENCH ROOFING
Standard Heating and Air Conditioning Inc
Standard Heating and Air Conditioning Inc
ALL ENERGY SOLAR 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 small multifamily (2–4 units, wood frame) benchmarks for 1,558 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2211 22ND AVE S MINNEAPOLIS MN 55404 | E DUNENS & E DUNENS | RESIDENTIAL | $299,500 | 37 ft |
| 2205 22ND AVE S MINNEAPOLIS MN 55404 | STEFNI BELL/MATTHEW SAUNDERS | RESIDENTIAL | $288,000 | 38 ft |
| 2213 22ND AVE S MINNEAPOLIS MN 55404 | ANDREW J KASTENBERG | RESIDENTIAL | $223,500 | 62 ft |
| 2201 22ND AVE S MINNEAPOLIS MN 55404 | MARY GOLLA ANDERSON | RESIDENTIAL-TWO UNIT | $352,000 | 76 ft |
| 2208 MILWAUKEE AVE MINNEAPOLIS MN 55404 | RHONDA J KIST & KELLY KIST | RESIDENTIAL-TWO UNIT | $489,700 | 94 ft |
| 2215 22ND AVE S MINNEAPOLIS MN 55404 | J T WELSCH & B A SLATTENGREN | RESIDENTIAL-TWO UNIT | $413,300 | 96 ft |
| 2204 MILWAUKEE AVE MINNEAPOLIS MN 55404 | CONNIE D FOURNIER | RESIDENTIAL | $360,000 | 96 ft |
| 2212 MILWAUKEE AVE MINNEAPOLIS MN 55404 | R M SIMONDS & K L MARGOLIS | RESIDENTIAL | $461,000 | 117 ft |
| 2200 MILWAUKEE AVE MINNEAPOLIS MN 55404 | KIM A & CAREN B STELSON | RESIDENTIAL | $387,000 | 123 ft |
| 2219 22ND AVE S MINNEAPOLIS MN 55404 | G HERSEY & D SUDDERTH | RESIDENTIAL | $304,100 | 142 ft |
Current Tax Year