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.
4 permits on record since 2018 · $43K total declared value · Most recent: Oct 2023 (misc)
PLATINUM RESTORATION AND REMODELING LLC
Hilda Ojeda
CenterPoint Energy Resource Corp
CENTERPOINT ENERGY
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 1,664 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2439 14TH AVE S MINNEAPOLIS MN 55404 | V NAULA & R A QUITO | RESIDENTIAL-TWO UNIT | $354,600 | 43 ft |
| 2447 14TH AVE S MINNEAPOLIS MN 55404 | ABDUL GULAN & MUHUBO ABTIDON | RESIDENTIAL | $468,000 | 44 ft |
| 2437 14TH AVE S MINNEAPOLIS MN 55404 | TAMI M CUMBER-POSTEN | RESIDENTIAL | $267,800 | 101 ft |
| 2442 15TH AVE S MINNEAPOLIS MN 55404 | DANIEL HUMBERTO LAZO | RESIDENTIAL-TWO UNIT | $330,500 | 141 ft |
| 2446 15TH AVE S MINNEAPOLIS MN 55404 | CONSTRUCTION CONS MPLS METRO | RESIDENTIAL | $374,000 | 147 ft |
| 2438 15TH AVE S MINNEAPOLIS MN 55404 | LIGHT I ROOTI | RESIDENTIAL | $310,000 | 153 ft |
| 2501 14TH AVE S MINNEAPOLIS MN 55404 | 2503 LLC | VACANT LAND-RESIDENTIAL | $11,000 | 167 ft |
| 2429 14TH AVE S MINNEAPOLIS MN 55404 | LAZARO & HERACLIO CASTELLON | RESIDENTIAL-TWO UNIT | $305,100 | 167 ft |
| 2434 15TH AVE S MINNEAPOLIS MN 55404 | KATIE NGUYEN | RESIDENTIAL | $354,000 | 178 ft |
| 2440 14TH AVE S MINNEAPOLIS MN 55404 | MINNEGASCO INC | UTILITY | $152,800 | 187 ft |
Most Recent Sale
Current Tax Year