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 ↗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.
3 permits on record since 2021 · $34K total declared value · Most recent: Jul 2025 (res)
Water Heaters Now Inc
Ray N Welter Heating Co
THOMPSON EXTERIORS LLC
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
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 3,975 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2512 18TH AVE S MINNEAPOLIS MN 55404 | MARC TRIUS & KELLY TRIUS | RESIDENTIAL-TWO UNIT | $291,500 | 58 ft |
| 2520 18TH AVE S MINNEAPOLIS MN 55404 | PASS FAMILY TRUST B | RESIDENTIAL-TWO UNIT | $278,200 | 58 ft |
| 2504 18TH AVE S MINNEAPOLIS MN 55404 | S M STORKAMP & R A WESSMAN | RESIDENTIAL | $192,000 | 111 ft |
| 2526 18TH AVE S MINNEAPOLIS MN 55404 | RESURRECTION RESIDENCES LLP | APARTMENT | $669,000 | 115 ft |
| 2517 17TH AVE S MINNEAPOLIS MN 55404 | LINDA KAY LEONARD | APARTMENT | $471,000 | 135 ft |
| 2511 17TH AVE S MINNEAPOLIS MN 55404 | R BRASELTON & N BRASELTON | RESIDENTIAL | $222,700 | 146 ft |
| 2521 17TH AVE S MINNEAPOLIS MN 55404 | EMPIRE ESTATE LLC | APARTMENT | $435,000 | 150 ft |
| 2530 18TH AVE S MINNEAPOLIS MN 55404 | CAROL-JUNE BENITE LEONARD | RESIDENTIAL | $131,000 | 158 ft |
| 2502 18TH AVE S MINNEAPOLIS MN 55404 | WILMER J TELENCHANA DURAN | RESIDENTIAL-TWO UNIT | $370,900 | 168 ft |
| 2507 17TH AVE S MINNEAPOLIS MN 55404 | ADAM KADO | RESIDENTIAL-TWO UNIT | $288,200 | 177 ft |
Current Tax Year