ParcelLens
Property Intelligence · Twin Cities
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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 2017 · $3K total declared value · Most recent: Jun 2017 (existres)
Flare Heating & Air Conditioning, Inc.
MERIDIAN PROPERTIES LLC
DEN-MARK PLUMBING 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 sfr / adu benchmarks for 620 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2204 24TH AVE S MINNEAPOLIS MN 55406 | RAJIV K DHITAL | RESIDENTIAL | $391,200 | 64 ft |
| 2315 22ND ST E MINNEAPOLIS MN 55406 | M LAFAVE & L LAFAVE | RESIDENTIAL | $398,300 | 70 ft |
| 2200 24TH AVE S MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 79 ft |
| 2206 24TH AVE S MINNEAPOLIS MN 55406 | JORDAN PATRICK ERMER | RESIDENTIAL | $338,000 | 91 ft |
| 2313 22ND ST E MINNEAPOLIS MN 55406 | CONNOR LAEHN | RESIDENTIAL | $428,000 | 109 ft |
| 2210 24TH AVE S MINNEAPOLIS MN 55406 | J HAEFEMEYER & L S HOCH | RESIDENTIAL | $385,100 | 121 ft |
| 2316 22ND ST E MINNEAPOLIS MN 55406 | NANCY HALVORSON | RESIDENTIAL | $244,000 | 152 ft |
| 2211 23RD AVE S MINNEAPOLIS MN 55404 | MATTHEW DEVERY | RESIDENTIAL | $279,600 | 162 ft |
| 2212 24TH AVE S MINNEAPOLIS MN 55406 | MICAH GEARHART & C SALOMON | RESIDENTIAL | $484,900 | 162 ft |
| 2301 22ND ST E MINNEAPOLIS MN 55406 | JAMES M GRAHAM | RESIDENTIAL-TWO UNIT | $450,200 | 167 ft |
Current Tax Year