Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2000 · $494K total declared value · Most recent: Dec 2020 (existres)
WENZEL HEATING AND AIR CONDITIONING
BRUETTE ROOFING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Phillips West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1260
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 20,524 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2427 COLUMBUS CT MINNEAPOLIS MN 55404 | DUANE MEYER | CONDOMINIUM | $296,000 | 0 ft |
| 2431 COLUMBUS CT MINNEAPOLIS MN 55404 | DAVID ASSELSTINE | CONDOMINIUM | $299,000 | 0 ft |
| 2433 COLUMBUS CT MINNEAPOLIS MN 55404 | AMANDA M MCGOVERN | CONDOMINIUM | $325,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2428 CHICAGO AVE MINNEAPOLIS MN 55404 | MARCELO PEREZ & WENDY PEREZ | RESIDENTIAL-TWO UNIT | $443,400 | 146 ft |
| 2432 CHICAGO AVE MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | APARTMENT | $525,000 | 147 ft |
| 722 25TH ST E MINNEAPOLIS MN 55404 | J PESHEK/D PESHEK/J PESHEK | CONDOMINIUM | $317,000 | 148 ft |
| 724 25TH ST E MINNEAPOLIS MN 55404 | CHINI ZEMAN/PATRICK A ZEMAN | CONDOMINIUM | $320,000 | 148 ft |
| 726 25TH ST E MINNEAPOLIS MN 55404 | DEBRA M BLONDEAU | CONDOMINIUM | $294,000 | 148 ft |
| 728 25TH ST E MINNEAPOLIS MN 55404 | M C KRUEGER & R W CROWLEY | CONDOMINIUM | $306,000 | 148 ft |
Most Recent Sale
Current Tax Year