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.
3 permits on record since 2018 · $18K total declared value · Most recent: Oct 2022 (misc)
Hail Experts Inc
SODERLIN PLUMBING HEATING AND AIR
KAUFMAN SHEET METAL ROOFING 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 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
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 3,545 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2104 24TH AVE S MINNEAPOLIS MN 55406 | JEANNE H MUGGE | CONDOMINIUM | $262,000 | 40 ft |
| 2104 24TH AVE S MINNEAPOLIS MN 55406 | A C JOHNSON & E B JOHNSON | CONDOMINIUM | $233,000 | 40 ft |
| MN | Unknown | — | — | 40 ft |
| 2022 24TH AVE S MINNEAPOLIS MN 55406 | DORWEN W BISHOP | RESIDENTIAL-TWO UNIT | $388,300 | 45 ft |
| 2108 24TH AVE S MINNEAPOLIS MN 55406 | ALEXANDER MANUEL COURRIER | RESIDENTIAL-TWO UNIT | $403,300 | 80 ft |
| 2014 24TH AVE S MINNEAPOLIS MN 55406 | A P LAGESON & N E MUNVEZ | RESIDENTIAL | $398,200 | 95 ft |
| 2110 24TH AVE S MINNEAPOLIS MN 55406 | J ABRAHAMSON & D RUGGLES | RESIDENTIAL | $377,600 | 120 ft |
| 2114 24TH AVE S MINNEAPOLIS MN 55406 | M C JOHNSON & E L JOHNSON | RESIDENTIAL-TWO UNIT | $597,600 | 165 ft |
| 2103 23RD AVE S MINNEAPOLIS MN 55404 | ERIC MELZER | RESIDENTIAL | $310,800 | 173 ft |
| 2019 23RD AVE S MINNEAPOLIS MN 55404 | A S JOHNSON / H JOHNSON | RESIDENTIAL | $320,900 | 175 ft |
Most Recent Sale
Current Tax Year