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.
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 1260
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 small multifamily (2–4 units, wood frame) benchmarks for 2,682 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2721 5TH AVE S MINNEAPOLIS MN 55408 | KEVIN/LYNN FARMER REV TRUST | CONDOMINIUM | $271,300 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 42 ft |
| 2725 5TH AVE S MINNEAPOLIS MN 55408 | M AROCHO & M AROCHO | CONDOMINIUM | $254,000 | 50 ft |
| 2717 5TH AVE S MINNEAPOLIS MN 55408 | V LOPEZ-ESPINOZA ET AL | CONDOMINIUM | $262,100 | 57 ft |
| 2729 5TH AVE S MINNEAPOLIS MN 55408 | FADLI MOHAMED | CONDOMINIUM | $262,100 | 96 ft |
| 2713 5TH AVE S MINNEAPOLIS MN 55408 | SAID S FARAH | CONDOMINIUM | $261,100 | 107 ft |
| 2728 PORTLAND AVE MINNEAPOLIS MN 55407 | EDEN PROGRAMS INC | APARTMENT | $0 | 142 ft |
| 2722 PORTLAND AVE MINNEAPOLIS MN 55407 | ABDIKAFI MOHAMED GELLE | CONDOMINIUM | $244,800 | 146 ft |
| 2724 PORTLAND AVE MINNEAPOLIS MN 55407 | LUCY LOPEZ & HERBERTH LOPEZ | CONDOMINIUM | $244,800 | 146 ft |
Most Recent Sale
Current Tax Year