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.
6 permits on record since 2017 · $41K total declared value · Most recent: Jul 2022 (misc)
PRIMA LAND INC
Erickson Plumbing Heating Cooling Inc
BLUE PRAIRIE CABINETRY AND RENOVATING LLC
CENTERPOINT ENERGY
BLUE PRAIRIE CABINETRY AND RENOVATING LLC
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 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 3-story wood frame (5–12 units) benchmarks for 3,100 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2908 3RD AVE S MINNEAPOLIS MN 55408 | JOHN PETER ELLIASEN | RESIDENTIAL-TWO UNIT | $228,200 | 46 ft |
| 2900 3RD AVE S MINNEAPOLIS MN 55408 | JOSEPH O OLSON | RESIDENTIAL-TWO UNIT | $330,000 | 48 ft |
| 2912 3RD AVE S MINNEAPOLIS MN 55408 | J O OLSON & D H ROSS | TRIPLEX | $563,300 | 92 ft |
| 2916 3RD AVE S MINNEAPOLIS MN 55408 | DONALD H ROSS | RESIDENTIAL-TWO UNIT | $434,000 | 138 ft |
| 2905 2ND AVE S MINNEAPOLIS MN 55408 | KAREN A MEYER | RESIDENTIAL | $142,000 | 140 ft |
| 2909 2ND AVE S MINNEAPOLIS MN 55408 | BETTY JANE GRAVENING | RESIDENTIAL | $197,300 | 144 ft |
| 2901 2ND AVE S MINNEAPOLIS MN 55408 | JORGE RIVAS | VACANT LAND-RESIDENTIAL | $36,000 | 145 ft |
| 2913 2ND AVE S MINNEAPOLIS MN 55408 | ANNICE MILLER | RESIDENTIAL | $158,000 | 159 ft |
| 2919 2ND AVE S MINNEAPOLIS MN 55408 | JOSE JARA & JULIA MORA | RESIDENTIAL | $196,200 | 182 ft |
| 2922 3RD AVE S MINNEAPOLIS MN 55408 | ALICIA J CORDES-MAYO | APARTMENT | $635,000 | 184 ft |
Most Recent Sale
Current Tax Year