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 2021 · Most recent: Mar 2021 (res)
CenterPoint Energy Resource Corp
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 2,564 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2537 14TH AVE S MINNEAPOLIS MN 55404 | JUAN D D CASTILLO LARGO ETAL | RESIDENTIAL | $238,700 | 41 ft |
| 2545 14TH AVE S MINNEAPOLIS MN 55404 | MANUEL CRUZ GUAMBANA | RESIDENTIAL | $244,900 | 41 ft |
| 2535 14TH AVE S MINNEAPOLIS MN 55404 | NIKLAS E NORMAN | RESIDENTIAL | $212,300 | 82 ft |
| 2533 14TH AVE S MINNEAPOLIS MN 55404 | J B & D TRICE | RESIDENTIAL | $265,400 | 124 ft |
| 2534 15TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 143 ft |
| 2540 15TH AVE S MINNEAPOLIS MN 55404 | DAAD ADAR & BAHJO AHMED OMAR | RESIDENTIAL | $350,000 | 149 ft |
| 2528 15TH AVE S MINNEAPOLIS MN 55404 | SUSANNA K JACKSON | RESIDENTIAL | $336,500 | 156 ft |
| 2529 14TH AVE S MINNEAPOLIS MN 55404 | JAMESON NASS & DIEDRA E NASS | RESIDENTIAL | $283,600 | 165 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 184 ft |
| 2542 14TH AVE S MINNEAPOLIS MN 55404 | JOSE M R CORTEZANO | RESIDENTIAL | $226,300 | 186 ft |
Most Recent Sale
Current Tax Year