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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
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 2,547 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2426 11TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 40 ft |
| 2432 11TH AVE S MINNEAPOLIS MN 55404 | L MAGNUSON & M MAGNUSON | RESIDENTIAL-TWO UNIT | $368,300 | 40 ft |
| 2420 11TH AVE S MINNEAPOLIS MN 55404 | AMY ELLIOTT | RESIDENTIAL | $200,000 | 81 ft |
| 2436 11TH AVE S MINNEAPOLIS MN 55404 | R BAUMANN/L BAUMANN ET AL | RESIDENTIAL-TWO UNIT | $329,600 | 82 ft |
| 2416 11TH AVE S MINNEAPOLIS MN 55404 | M E BOUVIER & I A PACKARD | RESIDENTIAL | $394,000 | 123 ft |
| 2442 11TH AVE S MINNEAPOLIS MN 55404 | JUAN CRUZ QUITO ET AL | RESIDENTIAL-TWO UNIT | $292,800 | 123 ft |
| 2427 10TH AVE S MINNEAPOLIS MN 55404 | EDWARD JOSEPH SANDOR | TRIPLEX | $308,600 | 141 ft |
| 2425 10TH AVE S MINNEAPOLIS MN 55404 | XIAN JIN LI | TRIPLEX | $462,800 | 146 ft |
| 2435 10TH AVE S MINNEAPOLIS MN 55404 | IMELDO I FUENTES | RESIDENTIAL | $339,000 | 147 ft |
| 2421 10TH AVE S MINNEAPOLIS MN 55404 | OAKHAVEN HOUSING LLC | LOW INCOME RENTAL | $229,100 | 162 ft |
Most Recent Sale
Current Tax Year