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.
8 permits on record since 2001 · $76K total declared value · Most recent: Feb 2026 (existres)
BONFES PLUMBING HEATING AND AIR SERVICE INC
BONFES PLUMBING HEATING AND AIR SERVICE INC
MN Plumbing & Home Services INC
4Front Energy Solutions Inc
GARLOCK FRENCH ROOFING
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 1,319 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2213 22ND AVE S MINNEAPOLIS MN 55404 | ANDREW J KASTENBERG | RESIDENTIAL | $223,500 | 34 ft |
| 2219 22ND AVE S MINNEAPOLIS MN 55404 | G HERSEY & D SUDDERTH | RESIDENTIAL | $304,100 | 46 ft |
| 2211 22ND AVE S MINNEAPOLIS MN 55404 | E DUNENS & E DUNENS | RESIDENTIAL | $299,500 | 59 ft |
| 2303 22ND AVE S MINNEAPOLIS MN 55404 | E LINDER & N JENSEN | RESIDENTIAL-TWO UNIT | $292,300 | 90 ft |
| 2212 MILWAUKEE AVE MINNEAPOLIS MN 55404 | R M SIMONDS & K L MARGOLIS | RESIDENTIAL | $461,000 | 93 ft |
| 2209 22ND AVE S MINNEAPOLIS MN 55404 | B & C MARGOLIS | RESIDENTIAL | $361,300 | 96 ft |
| 2218 MILWAUKEE AVE MINNEAPOLIS MN 55404 | M J FEIGAL-STICKLES ET AL | RESIDENTIAL-TWO UNIT | $488,400 | 97 ft |
| 2208 MILWAUKEE AVE MINNEAPOLIS MN 55404 | RHONDA J KIST & KELLY KIST | RESIDENTIAL-TWO UNIT | $489,700 | 116 ft |
| 2300 MILWAUKEE AVE MINNEAPOLIS MN 55404 | C A LEVIN & J L BROFMAN | RESIDENTIAL-TWO UNIT | $446,400 | 124 ft |
| 2307 22ND AVE S MINNEAPOLIS MN 55404 | CALEIGH GUMBINER | RESIDENTIAL-TWO UNIT | $347,200 | 132 ft |
Most Recent Sale
Current Tax Year