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.
5 permits on record since 2018 · $2K total declared value · Most recent: May 2026 (existres)
Karpe Mechanical LLC
A&E Heating & Air Conditioning LLC
MN Plumbing & Home Services INC
MN Plumbing & Home Services INC
ALLSTAR CONSTRUCTION AND MAINTENANCE 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 sfr / adu benchmarks for 118 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1605 24TH ST E MINNEAPOLIS MN 55404 | M M JANAQOW & FARHIO I OSMAN | TOWNHOUSE | $246,100 | 21 ft |
| 1609 24TH ST E MINNEAPOLIS MN 55404 | HAMED DIRIR & FAHIMO GEDI | TOWNHOUSE | $257,900 | 21 ft |
| 1603 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $240,800 | 41 ft |
| 1611 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $275,000 | 54 ft |
| 1609 24TH ST E MINNEAPOLIS MN 55404 | FRANKLIN STATION TWNHS ASSN | COMMON AREA | $0 | 72 ft |
| 1613 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | RESIDENTIAL | $264,300 | 75 ft |
| 1601 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $227,900 | 76 ft |
| 2401 16TH AVE S MINNEAPOLIS MN 55404 | CHINEMEREM EZE-SIKE | TOWNHOUSE | $234,300 | 81 ft |
| 2403 16TH AVE S MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAND TRST | — | $245,000 | 87 ft |
| 1615 24TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CMMNTY LND TR | — | $249,300 | 96 ft |
Most Recent Sale
Current Tax Year