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 ↗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 ↗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 2024 · $33K total declared value · Most recent: Aug 2024 (misc)
Jobe Brothers construction
Jobe Brothers construction
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Midtown Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 2 — moderate-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 1,663 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2420 13TH AVE S MINNEAPOLIS MN 55404 | MYER AARON LIBBY | RESIDENTIAL | $180,900 | 29 ft |
| 2426 13TH AVE S MINNEAPOLIS MN 55404 | SEGUNDO F P ANGAMARCA | RESIDENTIAL-TWO UNIT | $396,300 | 49 ft |
| 2416 13TH AVE S MINNEAPOLIS MN 55404 | OSCAR VILLANUEVA RAMIREZ | RESIDENTIAL-TWO UNIT | $295,100 | 78 ft |
| 2434 13TH AVE S MINNEAPOLIS MN 55404 | JSW PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $332,900 | 107 ft |
| 2410 13TH AVE S MINNEAPOLIS MN 55404 | DELMON INVESTMENTS LLC | RESIDENTIAL | $408,000 | 136 ft |
| 2425 12TH AVE S MINNEAPOLIS MN 55404 | NEW FREEDOM LLC | RESIDENTIAL-TWO UNIT | $337,800 | 141 ft |
| 2421 12TH AVE S MINNEAPOLIS MN 55404 | NEW FREEDOM LLC | VACANT LAND-RESIDENTIAL | $3,700 | 146 ft |
| 2427 12TH AVE S MINNEAPOLIS MN 55404 | MARIE F PRZYNSKI | RESIDENTIAL | $263,000 | 148 ft |
| 2419 12TH AVE S MINNEAPOLIS MN 55404 | YONYALU POLINSKE | RESIDENTIAL | $172,300 | 152 ft |
| 2436 13TH AVE S MINNEAPOLIS MN 55404 | K DUALE & A ISSA | RESIDENTIAL | $378,000 | 160 ft |
Most Recent Sale
Current Tax Year