ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2025 · Most recent: Dec 2025 (existres)
Perfection Heating and Air Conditioning Inc
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 1,661 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2517 12TH AVE S MINNEAPOLIS MN 55404 | ANNA CHRISTINA BAUMAN SMITH | RESIDENTIAL | $154,300 | 29 ft |
| 2521 12TH AVE S MINNEAPOLIS MN 55404 | DEKA A ABDULLE | RESIDENTIAL | $341,000 | 35 ft |
| 2515 12TH AVE S MINNEAPOLIS MN 55404 | WILLIE LEE OATS JR | RESIDENTIAL | $189,600 | 58 ft |
| 2525 12TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 77 ft |
| 2513 12TH AVE S MINNEAPOLIS MN 55404 | MADISON AVE HOMES LLC | RESIDENTIAL | $173,400 | 87 ft |
| 2529 12TH AVE S MINNEAPOLIS MN 55404 | ABDI SALAH & SHARMARKE ISSA | APARTMENT | $359,000 | 119 ft |
| 2509 12TH AVE S MINNEAPOLIS MN 55404 | SUAD MOHAMED HAJI A | RESIDENTIAL | $361,000 | 134 ft |
| 2520 13TH AVE S MINNEAPOLIS MN 55404 | ISMAIL ADEN | RESIDENTIAL | $360,000 | 143 ft |
| 2516 13TH AVE S MINNEAPOLIS MN 55404 | MICHAEL LANDON JOHNSON | RESIDENTIAL | $283,800 | 148 ft |
| 2524 13TH AVE S MINNEAPOLIS MN 55404 | JEFFREY D NOYED | RESIDENTIAL-TWO UNIT | $272,000 | 160 ft |
Current Tax Year