Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗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 ↗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 ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
East Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1259
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1614 24TH ST E MINNEAPOLIS MN 55404 | DOM SISTERS OF SICK POOR | APARTMENT | $0 | 160 ft |
| 2306 17TH AVE S MINNEAPOLIS MN 55404 | TWIN PLACE APARTMENTS LLC | APARTMENT | $2,034,000 | 178 ft |
| 1617 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $244,000 | 197 ft |
| 2402 17TH AVE S MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $215,100 | 217 ft |
| 1615 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $249,300 | 226 ft |
| 1613 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | RESIDENTIAL | $264,300 | 241 ft |
| 2224 17TH AVE S MINNEAPOLIS MN 55404 | LUIS LOJA & ZOILA R Z SACTA | RESIDENTIAL-TWO UNIT | $501,500 | 254 ft |
| 1611 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $275,000 | 258 ft |
| 2406 17TH AVE S MINNEAPOLIS MN 55404 | FAWN YOUNGBEAR-TIBBETTS | RESIDENTIAL-TWO UNIT | $248,300 | 269 ft |
| 1609 24TH ST E MINNEAPOLIS MN 55404 | HAMED DIRIR & FAHIMO GEDI | TOWNHOUSE | $257,900 | 285 ft |
Current Tax Year