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.
2 permits on record since 2020 · $4K total declared value · Most recent: Oct 2023 (misc)
HIGHMARK EXTERIORS LLC
CENTERPOINT ENERGY
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 3,271 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2541 16TH AVE S MINNEAPOLIS MN 55404 | DANG XIONG & KHOUA YANG | RESIDENTIAL | $327,000 | 52 ft |
| 1610 26TH ST E MINNEAPOLIS MN 55404 | ANZA PROPERTY LLC | RESIDENTIAL | $162,000 | 91 ft |
| 2535 16TH AVE S MINNEAPOLIS MN 55404 | JADE L NEVILS | RESIDENTIAL | $393,000 | 105 ft |
| 1538 26TH ST E MINNEAPOLIS MN 55404 | P L WEIKLE & C WASH | RESIDENTIAL | $151,000 | 144 ft |
| 2601 16TH AVE S MINNEAPOLIS MN 55407 | SERENDIPITY INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $362,700 | 144 ft |
| 1611 26TH ST E MINNEAPOLIS MN 55404 | MARIA S HUERTA QUIZHPI | RESIDENTIAL-TWO UNIT | $218,200 | 147 ft |
| 2542 17TH AVE S MINNEAPOLIS MN 55404 | ABAH A MOHAMED | RESIDENTIAL | $255,000 | 151 ft |
| 2536 17TH AVE S MINNEAPOLIS MN 55404 | ELBA HERNANDEZ | RESIDENTIAL | $163,400 | 152 ft |
| 2531 16TH AVE S MINNEAPOLIS MN 55404 | ANTONETTE DELISE MCHIE | RESIDENTIAL | $185,000 | 157 ft |
| 2534 17TH AVE S MINNEAPOLIS MN 55404 | P D A TENELEMA/L M J BUENO | RESIDENTIAL | $177,000 | 164 ft |
Most Recent Sale
Current Tax Year