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 ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
Midtown Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
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 small multifamily (2–4 units, wood frame) benchmarks for 2,714 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2425 10TH AVE S MINNEAPOLIS MN 55404 | XIAN JIN LI | TRIPLEX | $462,800 | 41 ft |
| 2417 10TH AVE S MINNEAPOLIS MN 55404 | WILLIE LUVERT FELDER | RESIDENTIAL | $344,000 | 41 ft |
| 2413 10TH AVE S MINNEAPOLIS MN 55404 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $277,400 | 82 ft |
| 2427 10TH AVE S MINNEAPOLIS MN 55404 | EDWARD JOSEPH SANDOR | TRIPLEX | $308,600 | 82 ft |
| 2435 10TH AVE S MINNEAPOLIS MN 55404 | IMELDO I FUENTES | RESIDENTIAL | $339,000 | 122 ft |
| 2409 10TH AVE S MINNEAPOLIS MN 55404 | ALFONSO PAUCAR/ROSA G PAUCAR | RESIDENTIAL-TWO UNIT | $299,100 | 124 ft |
| 2420 11TH AVE S MINNEAPOLIS MN 55404 | AMY ELLIOTT | RESIDENTIAL | $200,000 | 141 ft |
| 2426 11TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 146 ft |
| 2416 11TH AVE S MINNEAPOLIS MN 55404 | M E BOUVIER & I A PACKARD | RESIDENTIAL | $394,000 | 147 ft |
| 2428 11TH AVE S MINNEAPOLIS MN 55404 | NOAH CHAPPELL | APARTMENT | $462,000 | 162 ft |
Current Tax Year