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.
4 permits on record since 2018 · $220K total declared value · Most recent: Jun 2020 (existres)
SUNBURST HEATING AND AIR CONDITIONING INC
Genz-Ryan Plumbing and Heating Co
Genz-Ryan Plumbing and Heating Co
Restorations by Highmark
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 4,559 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2504 18TH AVE S MINNEAPOLIS MN 55404 | S M STORKAMP & R A WESSMAN | RESIDENTIAL | $192,000 | 58 ft |
| 2512 18TH AVE S MINNEAPOLIS MN 55404 | MARC TRIUS & KELLY TRIUS | RESIDENTIAL-TWO UNIT | $291,500 | 111 ft |
| 2501 17TH AVE S MINNEAPOLIS MN 55404 | EMPIRE ESTATES LLC | APARTMENT | $629,000 | 135 ft |
| 2448 18TH AVE S MINNEAPOLIS MN 55404 | SO-SIDE FAMILY NURTURING CTR | COMMERCIAL-PREFERRED | $0 | 143 ft |
| 2507 17TH AVE S MINNEAPOLIS MN 55404 | ADAM KADO | RESIDENTIAL-TWO UNIT | $288,200 | 145 ft |
| 2516 18TH AVE S MINNEAPOLIS MN 55404 | CAROL JEAN THOMAS | RESIDENTIAL | $269,600 | 168 ft |
| 2511 17TH AVE S MINNEAPOLIS MN 55404 | R BRASELTON & N BRASELTON | RESIDENTIAL | $222,700 | 175 ft |
| 2442 18TH AVE S MINNEAPOLIS MN 55404 | LITTLE EARTH NGHBR ERLY LRN | LAND-COMMERCIAL | $0 | 190 ft |
| 1708 25TH ST E MINNEAPOLIS MN 55404 | ROSA L HERRERA | RESIDENTIAL | $224,000 | 195 ft |
| 2517 17TH AVE S MINNEAPOLIS MN 55404 | LINDA KAY LEONARD | APARTMENT | $471,000 | 217 ft |
Most Recent Sale
Current Tax Year