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 ↗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 ↗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.
1 permit on record since 2021 · Most recent: Jul 2021 (res)
FFM 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
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 800 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2315 22ND AVE S MINNEAPOLIS MN 55404 | THUY TRAN | RESIDENTIAL-TWO UNIT | $327,400 | 30 ft |
| 2311 22ND AVE S MINNEAPOLIS MN 55404 | D T NAUGLE & J D NEAL | RESIDENTIAL-TWO UNIT | $351,800 | 38 ft |
| 2317 22ND AVE S MINNEAPOLIS MN 55404 | K PARRA & C CANO-GARNION | RESIDENTIAL-TWO UNIT | $324,200 | 61 ft |
| 2307 22ND AVE S MINNEAPOLIS MN 55404 | CALEIGH GUMBINER | RESIDENTIAL-TWO UNIT | $347,200 | 82 ft |
| 2310 MILWAUKEE AVE MINNEAPOLIS MN 55404 | NICHOLAS MANTHEY | RESIDENTIAL-TWO UNIT | $437,500 | 92 ft |
| 2314 MILWAUKEE AVE MINNEAPOLIS MN 55404 | CLAUDIA M RHODES TRUST | RESIDENTIAL-TWO UNIT | $507,900 | 92 ft |
| 2308 MILWAUKEE AVE MINNEAPOLIS MN 55404 | A H NAFF/B D TUTHILL/R HANDA | RESIDENTIAL-TWO UNIT | $399,600 | 106 ft |
| 2318 MILWAUKEE AVE MINNEAPOLIS MN 55404 | MARTA LITTLE & PAUL LITTLE | RESIDENTIAL-TWO UNIT | $447,400 | 114 ft |
| 2303 22ND AVE S MINNEAPOLIS MN 55404 | E LINDER & N JENSEN | RESIDENTIAL-TWO UNIT | $292,300 | 124 ft |
| 2200 24TH ST E MINNEAPOLIS MN 55404 | T J LUSK/M HOCHSTETTLER ETAL | RESIDENTIAL | $266,600 | 128 ft |
Most Recent Sale
Current Tax Year