Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 2012 · $16.1M total declared value · Most recent: Jun 2012 (binb)
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Current Tax Year
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 |
|---|---|---|---|---|
| 2304 SNELLING AVE MINNEAPOLIS MN 55404 | SNELLING AVE APARTMENTS LP | LOW INCOME RENTAL | $6,974,000 | 171 ft |
| 2309 SNELLING AVE MINNEAPOLIS MN 55404 | COFFEE & TEA CONNECTION LLC | INDUSTRIAL-PREFERRED | $1,400,000 | 231 ft |
| 2317 SNELLING AVE MINNEAPOLIS MN 55404 | CABO2 LLC | LAND - INDUSTRIAL | $67,500 | 239 ft |
| 2323 SNELLING AVE MINNEAPOLIS MN 55404 | 2323 SNELLING AVE HLDGS LLC | INDUSTRIAL-PREFERRED | $0 | 279 ft |
| 2223 SNELLING AVE MINNEAPOLIS MN 55404 | CABO2 LLC | INDUSTRIAL-PREFERRED | $1,672,000 | 292 ft |
| 2308 MINNEHAHA AVE MINNEAPOLIS MN 55404 | LZ PROPERTIES LLP | INDUSTRIAL-PREFERRED | $69,500 | 393 ft |
| 2304 MINNEHAHA AVE MINNEAPOLIS MN 55404 | KAREL PROPERTIES INC | INDUSTRIAL-PREFERRED | $68,500 | 394 ft |
| 2310 MINNEHAHA AVE MINNEAPOLIS MN 55404 | LZ PROPERTIES LLP | LAND - INDUSTRIAL | $67,500 | 399 ft |
| 2300 MINNEHAHA AVE MINNEAPOLIS MN 55404 | KAREL PROPERTIES INC | LAND - INDUSTRIAL | $67,500 | 402 ft |
| 1929 24TH ST E MINNEAPOLIS MN 55404 | VITULLO REAL ESTATE LP | INDUSTRIAL-PREFERRED | $2,243,000 | 408 ft |