Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
3 permits on record since 2012 · $564K total declared value · Most recent: Jan 2018 (remodel)
PROSOURCE BLDG SUPPLY
McQuillan Bros Plumbing Heating & AC LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lowry Hill East · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 77
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 3-story wood frame (5–12 units) benchmarks for 19,051 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2812 EMERSON AVE S MINNEAPOLIS MN 55408 | MN UPTOWN ON EMERSON LLC | APARTMENT | $3,230,000 | 143 ft |
| 2800 FREMONT AVE S MINNEAPOLIS MN 55408 | VARGHESE JOHN/PRAMOL MATHEW | RESIDENTIAL-TWO UNIT | $416,100 | 188 ft |
| 2808 FREMONT AVE S MINNEAPOLIS MN 55408 | TERRI ANN KARIS | RESIDENTIAL | $423,800 | 188 ft |
| 2810 FREMONT AVE S MINNEAPOLIS MN 55408 | 2812 FREMONT LLC | APARTMENT | $2,113,000 | 193 ft |
| 2804 FREMONT AVE S MINNEAPOLIS MN 55408 | BETH P HARRINGTON | RESIDENTIAL | $529,600 | 194 ft |
| 2825 FREMONT AVE S MINNEAPOLIS MN 55408 | FREMONT TERRACE APTS LLC | APARTMENT | $3,588,000 | 195 ft |
| 2757 FREMONT AVE S MINNEAPOLIS MN 55408 | KHEIM PROPERTIES LLC | RESIDENTIAL | $495,300 | 215 ft |
| 1210 28TH ST W MINNEAPOLIS MN 55408 | SIBERT RENOVATIONS LLC | RESIDENTIAL | $161,700 | 219 ft |
| 1309 28TH ST W MINNEAPOLIS MN 55408 | 1309 W 28TH LLC | TRIPLEX | $449,600 | 246 ft |
| 1208 28TH ST W MINNEAPOLIS MN 55408 | ANDREW NASVIK | RESIDENTIAL-TWO UNIT | $341,300 | 255 ft |
Current Tax Year