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.
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 1,662 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2515 12TH AVE S MINNEAPOLIS MN 55404 | WILLIE LEE OATS JR | RESIDENTIAL | $189,600 | 29 ft |
| 2509 12TH AVE S MINNEAPOLIS MN 55404 | SUAD MOHAMED HAJI A | RESIDENTIAL | $361,000 | 47 ft |
| 2517 12TH AVE S MINNEAPOLIS MN 55404 | ANNA CHRISTINA BAUMAN SMITH | RESIDENTIAL | $154,300 | 58 ft |
| 2519 12TH AVE S MINNEAPOLIS MN 55404 | DANIEL DYKOSKI | RESIDENTIAL-TWO UNIT | $285,600 | 87 ft |
| 2507 12TH AVE S MINNEAPOLIS MN 55404 | MUHUBO FARAH | RESIDENTIAL | $348,000 | 102 ft |
| 2521 12TH AVE S MINNEAPOLIS MN 55404 | DEKA A ABDULLE | RESIDENTIAL | $341,000 | 123 ft |
| 2514 13TH AVE S MINNEAPOLIS MN 55404 | MARCOS NAVOS & LUCY CAZHO | RESIDENTIAL-TWO UNIT | $322,900 | 141 ft |
| 2512 13TH AVE S MINNEAPOLIS MN 55404 | MAHMOUD DAHIR ADANI | VACANT LAND-RESIDENTIAL | $11,000 | 144 ft |
| 2516 13TH AVE S MINNEAPOLIS MN 55404 | MICHAEL LANDON JOHNSON | RESIDENTIAL | $283,800 | 148 ft |
| 2501 12TH AVE S MINNEAPOLIS MN 55404 | D V NAGLAK & J J NAGLAK | RESIDENTIAL | $297,000 | 156 ft |
Most Recent Sale
Current Tax Year