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.
4 permits on record since 2017 · $11K total declared value · Most recent: Oct 2023 (misc)
Crown Exteriors Inc
Innovative Basement Authority
FFM LLC
Airic's Heating & 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
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.
Back-of-envelope estimate based on sfr / adu benchmarks for 1,179 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1206 26TH ST E MINNEAPOLIS MN 55404 | ROBERT L BROWN JR | RESIDENTIAL-TWO UNIT | $292,300 | 42 ft |
| 2539 12TH AVE S MINNEAPOLIS MN 55404 | JESSICA J ROBLES | RESIDENTIAL | $223,000 | 66 ft |
| 2537 12TH AVE S MINNEAPOLIS MN 55404 | CRISTOBAL DONADO MAXIMINO | RESIDENTIAL | $250,000 | 83 ft |
| 1208 26TH ST E MINNEAPOLIS MN 55404 | ROBERT L BROWN JR | VACANT LAND-RESIDENTIAL | $8,000 | 85 ft |
| 2533 12TH AVE S MINNEAPOLIS MN 55404 | B B JOHNSON & B L JOHNSON | RESIDENTIAL | $241,000 | 112 ft |
| 2548 12TH AVE S MINNEAPOLIS MN 55404 | WILLIAM YOUEL | RESIDENTIAL | $378,000 | 146 ft |
| 2542 12TH AVE S MINNEAPOLIS MN 55404 | RODA MUSE & ABDI AFRAH | RESIDENTIAL | $364,000 | 147 ft |
| 2529 12TH AVE S MINNEAPOLIS MN 55404 | ABDI SALAH & SHARMARKE ISSA | APARTMENT | $359,000 | 152 ft |
| 1212 26TH ST E MINNEAPOLIS MN 55404 | JAMES HARRY MCCORMICK | RESIDENTIAL | $94,000 | 153 ft |
| 2540 12TH AVE S MINNEAPOLIS MN 55404 | SEAN BRYANT | RESIDENTIAL-TWO UNIT | $391,000 | 161 ft |
Most Recent Sale
Current Tax Year