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.
7 permits on record since 2018 · $17K total declared value · Most recent: Jun 2024 (remodel)
24 RESTORE
Perfection Plumbing LLC
PELLA NORTHLAND
Warners Stellian Co Inc
The Snelling Co 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
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 small multifamily (2–4 units, wood frame) benchmarks for 4,048 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2313 22ND ST E MINNEAPOLIS MN 55406 | CONNOR LAEHN | RESIDENTIAL | $428,000 | 59 ft |
| 2211 23RD AVE S MINNEAPOLIS MN 55404 | MATTHEW DEVERY | RESIDENTIAL | $279,600 | 88 ft |
| 2315 22ND ST E MINNEAPOLIS MN 55406 | M LAFAVE & L LAFAVE | RESIDENTIAL | $398,300 | 100 ft |
| 2215 23RD AVE S MINNEAPOLIS MN 55404 | J C ZELLER ETAL TRUSTEES | RESIDENTIAL | $354,500 | 135 ft |
| 2204 23RD AVE S MINNEAPOLIS MN 55404 | GOLFUS FAMILY TRUST | RESIDENTIAL | $337,200 | 157 ft |
| 2300 22ND ST E MINNEAPOLIS MN 55406 | J & G SKUJINS | RESIDENTIAL | $432,000 | 158 ft |
| 2200 23RD AVE S MINNEAPOLIS MN 55404 | SO LIAN TIO TRUST | RESIDENTIAL-TWO UNIT | $439,600 | 159 ft |
| 2317 22ND ST E MINNEAPOLIS MN 55406 | KATHLEEN REITAN | RESIDENTIAL | $299,800 | 167 ft |
| 2208 23RD AVE S MINNEAPOLIS MN 55404 | JAMES W BOYD-BRENT | RESIDENTIAL | $299,600 | 168 ft |
| 2217 23RD AVE S MINNEAPOLIS MN 55404 | PHILIP M VOXLAND | RESIDENTIAL | $369,700 | 185 ft |
Most Recent Sale
Current Tax Year