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 ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
3 permits on record since 2023 · $30K total declared value · Most recent: Mar 2025 (roofwind)
Molina General Contractors LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
East Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1259
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2505 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | A K MEZGEBU & DEREJE LEMMA | LAND-COMMERCIAL | $103,000 | 53 ft |
| 2509 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | A K MEZGEBU & DEREJE LEMMA | RESIDENTIAL-TWO UNIT | $731,000 | 105 ft |
| 2500 16TH AVE S MINNEAPOLIS MN 55404 | DAVID J ULVIN | APARTMENT | $435,000 | 135 ft |
| 2504 16TH AVE S MINNEAPOLIS MN 55404 | EXCEL ENTERPRISES LLC | RESIDENTIAL | $214,000 | 144 ft |
| 2513 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SEM INVESTMENTS LLC | COMMERCIAL-PREFERRED | $117,000 | 157 ft |
| 2445 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SHARIA FUNDING LLC | COMMERCIAL-PREFERRED | $380,000 | 158 ft |
| 2508 16TH AVE S MINNEAPOLIS MN 55404 | E L CORIA & E M PARAMO | RESIDENTIAL | $225,000 | 170 ft |
| 2446 16TH AVE S MINNEAPOLIS MN 55404 | C V ALVARDO & J J MORENO | RESIDENTIAL-TWO UNIT | $301,400 | 192 ft |
| 2517 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | CAMILO MARTINEZ | RESIDENTIAL-TWO UNIT | $253,900 | 203 ft |
| 2512 16TH AVE S MINNEAPOLIS MN 55404 | GREGORY P MOTZKO | RESIDENTIAL | $140,000 | 206 ft |