Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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.
3 permits on record since 2024 · $39K total declared value · Most recent: Mar 2025 (remodel)
CAPITAL CONSTRUCTION LLC
CAPITAL CONSTRUCTION LLC
CAPITAL CONSTRUCTION LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 92 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2119 23RD AVE S MINNEAPOLIS MN 55404 | C R MALLE-BARLOW ET AL | RESIDENTIAL-TWO UNIT | $484,200 | 40 ft |
| 2117 23RD AVE S MINNEAPOLIS MN 55404 | G D RUBENSTEIN & R B MEDINA | RESIDENTIAL-TWO UNIT | $391,700 | 76 ft |
| 2115 23RD AVE S MINNEAPOLIS MN 55404 | KATHERINE A MAIERS | RESIDENTIAL | $438,700 | 108 ft |
| 2316 22ND ST E MINNEAPOLIS MN 55406 | NANCY HALVORSON | RESIDENTIAL | $244,000 | 132 ft |
| 2111 23RD AVE S MINNEAPOLIS MN 55404 | RYAN REICHELDERFER | RESIDENTIAL | $277,700 | 139 ft |
| 2313 22ND ST E MINNEAPOLIS MN 55406 | CONNOR LAEHN | RESIDENTIAL | $428,000 | 153 ft |
| 2301 22ND ST E MINNEAPOLIS MN 55406 | JAMES M GRAHAM | RESIDENTIAL-TWO UNIT | $450,200 | 158 ft |
| 2315 22ND ST E MINNEAPOLIS MN 55406 | M LAFAVE & L LAFAVE | RESIDENTIAL | $398,300 | 163 ft |
| 2317 22ND ST E MINNEAPOLIS MN 55406 | KATHLEEN REITAN | RESIDENTIAL | $299,800 | 177 ft |
| 2116 23RD AVE S MINNEAPOLIS MN 55404 | EMMA YOUNDTSMITH | RESIDENTIAL | $240,000 | 186 ft |
Current Tax Year