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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
9 permits on record since 2020 · $23.4M total declared value · Most recent: Nov 2022 (commercial minor)
Jayhawk Mechanical Inc
BROTHERS MFG
SR Mechanical Inc
Twin City Fireplace & Stone Company
SR Mechanical 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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Most Recent Sale
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 |
|---|---|---|---|---|
| 2215 SNELLING AVE MINNEAPOLIS MN 55404 | FOCUS ARTS LLC | INDUSTRIAL-NON PREFERRED | $830,500 | 229 ft |
| 2304 SNELLING AVE MINNEAPOLIS MN 55404 | SNELLING AVE APARTMENTS LP | LOW INCOME RENTAL | $6,974,000 | 253 ft |
| 2001 CEDAR AVE S MINNEAPOLIS MN 55404 | METROPOLITAN COUNCIL | LAND-COMMERCIAL | $0 | 265 ft |
| 1900 22ND ST E MINNEAPOLIS MN 55404 | WADAAG COMMONS LP | APARTMENT | $4,158,000 | 317 ft |
| 2223 SNELLING AVE MINNEAPOLIS MN 55404 | CABO2 LLC | INDUSTRIAL-PREFERRED | $1,672,000 | 326 ft |
| 1914 22ND ST E MINNEAPOLIS MN 55404 | 2120 MINNEHAHA AVE LLC | APARTMENT | $319,000 | 340 ft |
| 2200 MINNEHAHA AVE MINNEAPOLIS MN 55404 | 2200 GATEWAY LLC | INDUSTRIAL-NON PREFERRED | $613,000 | 391 ft |
| 2120 MINNEHAHA AVE MINNEAPOLIS MN 55404 | 2120 MINNEHAHA LLC | APARTMENT | $657,000 | 415 ft |
| 2312 SNELLING AVE MINNEAPOLIS MN 55404 | TOUCHSTONE COMMUNITY L P | LOW INCOME RENTAL | $5,498,000 | 424 ft |
| 2208 MINNEHAHA AVE MINNEAPOLIS MN 55404 | LZ PROPERTIES LLP | LAND - INDUSTRIAL | $67,500 | 429 ft |