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.
2 permits on record since 2019 · Most recent: Jun 2023 (res)
MN Plumbing & Home Services INC
Farr Plumbing and Heating 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
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2408 22ND ST E MINNEAPOLIS MN 55406 | KEVIN R BROWN | RESIDENTIAL | $295,700 | 30 ft |
| 2400 22ND ST E MINNEAPOLIS MN 55406 | KATHRYN A ROSEBEAR | RESIDENTIAL | $382,700 | 35 ft |
| 2410 22ND ST E MINNEAPOLIS MN 55406 | LISA QIU | RESIDENTIAL | $373,100 | 60 ft |
| 2113 24TH AVE S MINNEAPOLIS MN 55406 | CITY OF MPLS | VACANT LAND-RESIDENTIAL | $0 | 69 ft |
| 2414 22ND ST E MINNEAPOLIS MN 55406 | IAN B MCLAUGHLIN ET AL | RESIDENTIAL | $313,500 | 91 ft |
| 2109 24TH AVE S MINNEAPOLIS MN 55406 | JOAN CAROL RAMER CHRASTEK | RESIDENTIAL | $440,000 | 122 ft |
| 2416 22ND ST E MINNEAPOLIS MN 55406 | T W WITT & M R PREUS | RESIDENTIAL-TWO UNIT | $391,700 | 128 ft |
| 2422 22ND ST E MINNEAPOLIS MN 55406 | JESSICA L SHAYKETT | RESIDENTIAL | $395,900 | 168 ft |
| 2405 22ND ST E MINNEAPOLIS MN 55406 | LLOYD I ARNTSEN | RESIDENTIAL | $361,600 | 168 ft |
| 2122 24TH AVE S MINNEAPOLIS MN 55406 | J SIMONDS & L SIMSTROM | RESIDENTIAL-TWO UNIT | $514,600 | 179 ft |
Most Recent Sale
Current Tax Year