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.
No permits found in Minneapolis open data for this parcel.
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 1,446 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1505 25TH ST E MINNEAPOLIS MN 55404 | ABDI AHMED MOHAMED | VACANT LAND-RESIDENTIAL | $11,000 | 29 ft |
| 1509 25TH ST E MINNEAPOLIS MN 55404 | KATIE DUNG CHAU | RESIDENTIAL-TWO UNIT | $244,900 | 29 ft |
| 2507 15TH AVE S MINNEAPOLIS MN 55404 | ADAM MUMIN | RESIDENTIAL | $197,000 | 64 ft |
| 2511 15TH AVE S MINNEAPOLIS MN 55404 | ANGEL ROBERTO PAUCAR PUMA | RESIDENTIAL | $246,000 | 90 ft |
| 2517 15TH AVE S MINNEAPOLIS MN 55404 | MARIA DEL ROCIO ORTEGA ORTIZ | RESIDENTIAL | $208,000 | 132 ft |
| 2500 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | OPEN ARMS OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 148 ft |
| 1504 25TH ST E MINNEAPOLIS MN 55404 | M M GARCIA & F GUADARRAMA | RESIDENTIAL | $136,000 | 154 ft |
| 2519 15TH AVE S MINNEAPOLIS MN 55404 | MOHAMUD MOHAMED WARSAME | RESIDENTIAL | $208,000 | 161 ft |
| 2456 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | KABIRA ENTERPRISE LTC LLC | COMMERCIAL-PREFERRED | $704,000 | 188 ft |
| 2500 15TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 190 ft |
Most Recent Sale
Current Tax Year