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.
2 permits on record since 2019 · $6K total declared value · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
Manuel Jara
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Phillips West · 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 2,585 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2912 CLINTON AVE MINNEAPOLIS MN 55408 | EVEREST HOLDINGS LLC | RESIDENTIAL | $230,000 | 40 ft |
| 2918 CLINTON AVE MINNEAPOLIS MN 55408 | LUZ E LLAPA JARA ET AL | RESIDENTIAL-TWO UNIT | $255,000 | 40 ft |
| 2920 CLINTON AVE MINNEAPOLIS MN 55408 | JUAN CRUZ PAUCAR ET AL | RESIDENTIAL | $237,700 | 100 ft |
| 2900 CLINTON AVE MINNEAPOLIS MN 55408 | CLINICAL SYS CONSULTANTSINC | COMMERCIAL-PREFERRED | $691,000 | 116 ft |
| 2926 CLINTON AVE MINNEAPOLIS MN 55408 | MJF PROPERTIES MN LLP | LAND-COMMERCIAL | $42,000 | 131 ft |
| 2919 3RD AVE S MINNEAPOLIS MN 55408 | DONALD H ROSS | TRIPLEX | $369,500 | 142 ft |
| 2909 3RD AVE S MINNEAPOLIS MN 55408 | ALFONSO & ROSA PAUCAR | RESIDENTIAL-TWO UNIT | $258,100 | 147 ft |
| 2921 3RD AVE S MINNEAPOLIS MN 55408 | E S LOPEZ & E D SILVAN | RESIDENTIAL-TWO UNIT | $285,800 | 160 ft |
| 2905 3RD AVE S MINNEAPOLIS MN 55408 | ATM PROPERTIES LLC | LOW INCOME RENTAL | $247,300 | 173 ft |
| 2928 CLINTON AVE MINNEAPOLIS MN 55408 | MJF PROPERTIES MN LLP | LAND-COMMERCIAL | $70,900 | 174 ft |
Most Recent Sale
Current Tax Year