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.
1 permit on record since 2021 · Most recent: Dec 2021 (res)
CHAMPION PLUMBING LLC
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2204 24TH AVE S MINNEAPOLIS MN 55406 | RAJIV K DHITAL | RESIDENTIAL | $391,200 | 53 ft |
| 2317 22ND ST E MINNEAPOLIS MN 55406 | KATHLEEN REITAN | RESIDENTIAL | $299,800 | 79 ft |
| 2206 24TH AVE S MINNEAPOLIS MN 55406 | JORDAN PATRICK ERMER | RESIDENTIAL | $338,000 | 83 ft |
| 2210 24TH AVE S MINNEAPOLIS MN 55406 | J HAEFEMEYER & L S HOCH | RESIDENTIAL | $385,100 | 116 ft |
| 2315 22ND ST E MINNEAPOLIS MN 55406 | M LAFAVE & L LAFAVE | RESIDENTIAL | $398,300 | 146 ft |
| 2122 24TH AVE S MINNEAPOLIS MN 55406 | J SIMONDS & L SIMSTROM | RESIDENTIAL-TWO UNIT | $514,600 | 151 ft |
| 2212 24TH AVE S MINNEAPOLIS MN 55406 | MICAH GEARHART & C SALOMON | RESIDENTIAL | $484,900 | 158 ft |
| 2316 22ND ST E MINNEAPOLIS MN 55406 | NANCY HALVORSON | RESIDENTIAL | $244,000 | 168 ft |
| 2313 22ND ST E MINNEAPOLIS MN 55406 | CONNOR LAEHN | RESIDENTIAL | $428,000 | 186 ft |
| 2405 22ND ST E MINNEAPOLIS MN 55406 | LLOYD I ARNTSEN | RESIDENTIAL | $361,600 | 192 ft |
Current Tax Year