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.
5 permits on record since 2021 · Most recent: Aug 2023 (res)
MN Plumbing & Home Services INC
MN Plumbing & Home Services INC
MN Plumbing & Home Services INC
McQuillan Bros Plumbing Heating & AC LLC
McQuillan Bros Plumbing Heating & AC LLC
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 |
|---|---|---|---|---|
| 2442 13TH AVE S MINNEAPOLIS MN 55404 | REZA MEHRALIAN | RESIDENTIAL-TWO UNIT | $241,600 | 28 ft |
| 2436 13TH AVE S MINNEAPOLIS MN 55404 | K DUALE & A ISSA | RESIDENTIAL | $378,000 | 43 ft |
| 2450 13TH AVE S MINNEAPOLIS MN 55404 | OVED PAZ | RESIDENTIAL-TWO UNIT | $363,200 | 57 ft |
| 2452 13TH AVE S MINNEAPOLIS MN 55404 | ROSA ALVARADO ALVARADO | RESIDENTIAL | $209,200 | 87 ft |
| 2434 13TH AVE S MINNEAPOLIS MN 55404 | JSW PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $332,900 | 97 ft |
| 1210 25TH ST E MINNEAPOLIS MN 55404 | BLANCA CAMITA CABRERA ROMERO | RESIDENTIAL | $202,000 | 118 ft |
| 2445 12TH AVE S MINNEAPOLIS MN 55404 | HAWO NUR & AHMED MOXAMUD | RESIDENTIAL | $372,000 | 142 ft |
| 2437 12TH AVE S MINNEAPOLIS MN 55404 | MARGARITO DIAZ ET AL | RESIDENTIAL-TWO UNIT | $387,900 | 147 ft |
| 2426 13TH AVE S MINNEAPOLIS MN 55404 | SEGUNDO F P ANGAMARCA | RESIDENTIAL-TWO UNIT | $396,300 | 155 ft |
| 1200 25TH ST E MINNEAPOLIS MN 55404 | CASSIE L GARNER | RESIDENTIAL | $292,000 | 172 ft |
Most Recent Sale
Current Tax Year