Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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 ↗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 ↗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.
2 permits on record since 2020 · $9.1M total declared value · Most recent: Oct 2020 (new)
Yellow Tree Construction Services
Yellow Tree Construction Services
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
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 10,271 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2820 GIRARD AVE S MINNEAPOLIS MN 55408 | RYAN YOUNG & SUSAN YOUNG | RESIDENTIAL-TWO UNIT | $600,400 | 83 ft |
| 2829 HENNEPIN AVE MINNEAPOLIS MN 55408 | ROBERT WILLIAM SORENSON | COMMERCIAL-PREFERRED | $867,000 | 133 ft |
| 2833 HENNEPIN AVE MINNEAPOLIS MN 55408 | ST PAUL DEVELOPMENT CORP | COMMERCIAL-NON PREFERRED | $660,000 | 140 ft |
| 2825 HENNEPIN AVE MINNEAPOLIS MN 55408 | PETER LORING DODGE | RESIDENTIAL | $680,000 | 140 ft |
| 2851 HENNEPIN AVE MINNEAPOLIS MN 55408 | TF HENNEPIN LLC | APARTMENT | $32,000,000 | 152 ft |
| 2819 HENNEPIN AVE MINNEAPOLIS MN 55408 | YIRAN LLC | COMMERCIAL-PREFERRED | $968,000 | 161 ft |
| 2813 HENNEPIN AVE MINNEAPOLIS MN 55408 | TARA LLC | APARTMENT | $1,205,000 | 204 ft |
| 2800 GIRARD AVE S MINNEAPOLIS MN 55408 | UNICAMP DEVELOPMENT CO | APARTMENT | $6,440,000 | 214 ft |
| 2817 GIRARD AVE S MINNEAPOLIS MN 55408 | WDC INVESTMENTS 3 LLC | APARTMENT | $11,750,000 | 241 ft |
| 2809 HENNEPIN AVE MINNEAPOLIS MN 55408 | DALE W LEE | COMMERCIAL-PREFERRED | $490,000 | 252 ft |
Most Recent Sale
Current Tax Year