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.
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
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 sfr / adu benchmarks for 349 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2513 16TH AVE S MINNEAPOLIS MN 55404 | FUXIANG WU & QING GU | RESIDENTIAL-TWO UNIT | $348,400 | 35 ft |
| 2517 16TH AVE S MINNEAPOLIS MN 55404 | GLORIA IACONO | RESIDENTIAL-TWO UNIT | $226,000 | 42 ft |
| 2509 16TH AVE S MINNEAPOLIS MN 55404 | JULIO SOTAMBA | RESIDENTIAL-TWO UNIT | $292,900 | 72 ft |
| 2523 16TH AVE S MINNEAPOLIS MN 55404 | ELIZABETH NIELSEN | RESIDENTIAL | $175,000 | 91 ft |
| 2514 17TH AVE S MINNEAPOLIS MN 55404 | R O S QUIZHPI & C S H GUASCO | RESIDENTIAL | $171,000 | 114 ft |
| 2516 17TH AVE S MINNEAPOLIS MN 55404 | JAYMES H DRIELING | RESIDENTIAL | $80,500 | 116 ft |
| 2512 17TH AVE S MINNEAPOLIS MN 55404 | DAVID E SHAFFER | RESIDENTIAL | $172,000 | 118 ft |
| 2518 17TH AVE S MINNEAPOLIS MN 55404 | SERENDIPITY INVESTMENTS LLC | RESIDENTIAL | $190,800 | 123 ft |
| 2510 17TH AVE S MINNEAPOLIS MN 55404 | F S CRISTOBAL & I NAVARRO | RESIDENTIAL | $162,000 | 127 ft |
| 2525 16TH AVE S MINNEAPOLIS MN 55404 | ROBERT JAMES HARWOOD | RESIDENTIAL | $186,000 | 129 ft |
Most Recent Sale
Current Tax Year