Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 2511 FRANKLIN AVE E MINNEAPOLIS MN 55406 | 2511 FRANKLIN LLC | COMMERCIAL-PREFERRED | $0 | 218 ft |
| 2525 FRANKLIN AVE E MINNEAPOLIS MN 55406 | FIVE SQUARE LLC | COMMERCIAL-PREFERRED | $1,660,000 | 266 ft |
| 2429 FRANKLIN AVE E MINNEAPOLIS MN 55406 | KAAH EXPRESS INC | COMMERCIAL-PREFERRED | $621,000 | 316 ft |
| 2015 25TH AVE S MINNEAPOLIS MN 55406 | ALEXANDRA LILLEHEI | RESIDENTIAL | $271,200 | 317 ft |
| 910 25TH AVE S MINNEAPOLIS MN 55406 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $1,039,000 | 318 ft |
| 2425 9TH ST S MINNEAPOLIS MN 55406 | EARTH SHELTERED OWNERS ASSOC | COMMON AREA | $0 | 328 ft |
| 2012 26TH AVE S MINNEAPOLIS MN 55406 | JAMES G BRATT | RESIDENTIAL | $177,000 | 332 ft |
| 2515 9TH ST S MINNEAPOLIS MN 55406 | SEWARD TOWERS RENOVATION | LOW INCOME RENTAL | $25,545,000 | 338 ft |
| 2423 9TH ST S MINNEAPOLIS MN 55406 | ZAHRA ESSA | TOWNHOUSE | $229,000 | 344 ft |
| 2424 FRANKLIN AVE E MINNEAPOLIS MN 55406 | NORTHERN CLAY CENTER | COMMERCIAL-PREFERRED | $0 | 356 ft |