Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
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
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 |
|---|---|---|---|---|
| 2427 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | CENTER SCHOOL INC | VACANT LAND-RESIDENTIAL | $29,000 | 44 ft |
| 2433 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SEM INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $195,400 | 88 ft |
| 2415 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | BII DI GAIN DASH ANWEBI HSG | LOW INCOME RENTAL | $3,387,400 | 121 ft |
| 2435 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | J J & M C GONSIOR | RESIDENTIAL | $243,400 | 132 ft |
| 2422 16TH AVE S MINNEAPOLIS MN 55404 | HENRY J P VANG & STACY N LOR | RESIDENTIAL | $364,000 | 135 ft |
| 2424 16TH AVE S MINNEAPOLIS MN 55404 | A W DAHIR & B AHMEDNUR | RESIDENTIAL | $342,000 | 142 ft |
| 2418 16TH AVE S MINNEAPOLIS MN 55404 | NOE ARREGUIN | RESIDENTIAL-TWO UNIT | $144,400 | 143 ft |
| 2428 16TH AVE S MINNEAPOLIS MN 55404 | MOHAMED ABDI & RAMLA HASSAN | RESIDENTIAL | $369,000 | 161 ft |
| 2412 16TH AVE S MINNEAPOLIS MN 55404 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 163 ft |
| 2441 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SEM INVESTMENTS LLC | TRIPLEX | $542,000 | 181 ft |