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.
4 permits on record since 2019 · $41K total declared value · Most recent: Dec 2024 (misc)
Red Line Contracting
Red Line Contracting
FFM LLC
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 3,381 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2528 14TH AVE S MINNEAPOLIS MN 55404 | CITY/LAKES COMMUNITY LAND TR | — | $343,000 | 44 ft |
| 2520 14TH AVE S MINNEAPOLIS MN 55404 | CATHERINE NASS & SCOTT NASS | RESIDENTIAL | $327,000 | 48 ft |
| 2518 14TH AVE S MINNEAPOLIS MN 55404 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 88 ft |
| 2536 14TH AVE S MINNEAPOLIS MN 55404 | YURI F REINOSO PILLAGA | RESIDENTIAL | $255,300 | 88 ft |
| 2514 14TH AVE S MINNEAPOLIS MN 55404 | KHADRO A DEL | RESIDENTIAL | $354,000 | 132 ft |
| 2542 14TH AVE S MINNEAPOLIS MN 55404 | JOSE M R CORTEZANO | RESIDENTIAL | $226,300 | 136 ft |
| 2529 13TH AVE S MINNEAPOLIS MN 55404 | THE BANYAN COMMUNITY | COMMERCIAL-PREFERRED | $0 | 153 ft |
| 2512 14TH AVE S MINNEAPOLIS MN 55404 | NOE ARREGUIN | RESIDENTIAL | $117,000 | 174 ft |
| 2521 13TH AVE S MINNEAPOLIS MN 55404 | F C MOROCHO & J L AGUIRRE | RESIDENTIAL | $188,000 | 182 ft |
| 2529 14TH AVE S MINNEAPOLIS MN 55404 | JAMESON NASS & DIEDRA E NASS | RESIDENTIAL | $283,600 | 187 ft |
Most Recent Sale
Current Tax Year