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.
1 permit on record since 2025 · $17K total declared value · Most recent: Apr 2025 (misc)
Lionheart Building & Consultants
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
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 |
|---|---|---|---|---|
| 2504 15TH AVE S MINNEAPOLIS MN 55404 | PARK AVE HOMES LLC | LOW INCOME RENTAL | $217,300 | 47 ft |
| 1411 25TH ST E MINNEAPOLIS MN 55404 | ABDIRISAK ABDIRASHID HASSAN | RESIDENTIAL | $155,000 | 64 ft |
| 2508 15TH AVE S MINNEAPOLIS MN 55404 | MANUEL ARMANDO SANTOS GUAMAN | RESIDENTIAL | $425,000 | 89 ft |
| 2507 15TH AVE S MINNEAPOLIS MN 55404 | ADAM MUMIN | RESIDENTIAL | $197,000 | 128 ft |
| 2446 15TH AVE S MINNEAPOLIS MN 55404 | CONSTRUCTION CONS MPLS METRO | RESIDENTIAL | $374,000 | 139 ft |
| 2514 15TH AVE S MINNEAPOLIS MN 55404 | VICKY CARCHI/BRANDON CARCHI | RESIDENTIAL | $336,800 | 157 ft |
| 2501 14TH AVE S MINNEAPOLIS MN 55404 | 2503 LLC | VACANT LAND-RESIDENTIAL | $11,000 | 160 ft |
| 2503 14TH AVE S MINNEAPOLIS MN 55404 | PAUL KOTOWSKI | RESIDENTIAL | $243,000 | 161 ft |
| 1505 25TH ST E MINNEAPOLIS MN 55404 | ABDI AHMED MOHAMED | VACANT LAND-RESIDENTIAL | $11,000 | 162 ft |
| 2509 14TH AVE S MINNEAPOLIS MN 55404 | J C CHIQUI-BONETE/R H CHIQUI | RESIDENTIAL | $268,500 | 170 ft |
Current Tax Year