Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2521 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | ACMN NOVELTY PROPERTIES LLC | APARTMENT | $1,107,000 | 39 ft |
| 2513 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SEM INVESTMENTS LLC | COMMERCIAL-PREFERRED | $117,000 | 46 ft |
| 2523 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 77 ft |
| 2509 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | A K MEZGEBU & DEREJE LEMMA | RESIDENTIAL-TWO UNIT | $731,000 | 98 ft |
| 2516 16TH AVE S MINNEAPOLIS MN 55404 | IAN T PHI | RESIDENTIAL | $219,000 | 135 ft |
| 2512 16TH AVE S MINNEAPOLIS MN 55404 | GREGORY P MOTZKO | RESIDENTIAL | $140,000 | 143 ft |
| 2522 16TH AVE S MINNEAPOLIS MN 55404 | AUDREY JACKSON | RESIDENTIAL | $180,800 | 147 ft |
| 2505 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | A K MEZGEBU & DEREJE LEMMA | LAND-COMMERCIAL | $103,000 | 150 ft |
| 2508 16TH AVE S MINNEAPOLIS MN 55404 | E L CORIA & E M PARAMO | RESIDENTIAL | $225,000 | 168 ft |
| 2524 16TH AVE S MINNEAPOLIS MN 55404 | AKY GROUP LLC | RESIDENTIAL | $247,000 | 174 ft |