Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 ↗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 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1259
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 3 — medium-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 2,621 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2531 CEDAR AVE S MINNEAPOLIS MN 55404 | MANUEL JESUS PAREDES CANAR | RESIDENTIAL-TWO UNIT | $220,800 | 42 ft |
| 2533 CEDAR AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | RESIDENTIAL | $177,000 | 85 ft |
| 1829 E M STATELY ST MINNEAPOLIS MN 55404 | MANUEL JARA & LUZ JARA | LOW INCOME RENTAL | $456,000 | 101 ft |
| 2537 CEDAR AVE S MINNEAPOLIS MN 55404 | V A NIOLA-JARA ET AL | RESIDENTIAL | $192,900 | 139 ft |
| 1833 E M STATELY ST MINNEAPOLIS MN 55404 | AMAL MAHMOUD EMARA | RESIDENTIAL | $230,000 | 143 ft |
| 1839 E M STATELY ST MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAND TRST | — | $409,000 | 182 ft |
| 1832 26TH ST E MINNEAPOLIS MN 55404 | FAIRFIELD INVESTMENTS INC | RESIDENTIAL-TWO UNIT | $256,700 | 196 ft |
| 2545 CEDAR AVE S MINNEAPOLIS MN 55404 | NOLAN L DICKSON | RESIDENTIAL-TWO UNIT | $384,800 | 203 ft |
| 2526 CEDAR AVE S MINNEAPOLIS MN 55404 | JAYMES H DRIELING | RESIDENTIAL-TWO UNIT | $445,000 | 209 ft |
| 1838 26TH ST E MINNEAPOLIS MN 55404 | L M FARJARDO & D M FARJARDO | RESIDENTIAL-TWO UNIT | $204,800 | 215 ft |
Most Recent Sale
Current Tax Year