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.
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 1,677 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2446 12TH AVE S MINNEAPOLIS MN 55404 | THOMAS W LUNDHOLM | RESIDENTIAL-TWO UNIT | $227,500 | 29 ft |
| 2440 12TH AVE S MINNEAPOLIS MN 55404 | ARTURO R MERCADO | RESIDENTIAL | $273,100 | 44 ft |
| 2436 12TH AVE S MINNEAPOLIS MN 55404 | S E PULLINS & R A SKIPPER | RESIDENTIAL | $350,100 | 107 ft |
| 2443 11TH AVE S MINNEAPOLIS MN 55404 | AKY GROUP LLC | RESIDENTIAL | $371,000 | 141 ft |
| 2447 11TH AVE S MINNEAPOLIS MN 55404 | ALKAT ENTERPRISES LLC | APARTMENT | $476,000 | 144 ft |
| 1113 25TH ST E MINNEAPOLIS MN 55404 | A JONSSON & A JONSSON | RESIDENTIAL | $137,000 | 144 ft |
| 2441 11TH AVE S MINNEAPOLIS MN 55404 | DARIN ROWLES | RESIDENTIAL | $195,600 | 152 ft |
| 2502 12TH AVE S MINNEAPOLIS MN 55404 | SHUKRI ISSE | VACANT LAND-RESIDENTIAL | $46,000 | 163 ft |
| 2439 11TH AVE S MINNEAPOLIS MN 55404 | A ABELN & K ABELN | RESIDENTIAL | $301,100 | 165 ft |
| 2432 12TH AVE S MINNEAPOLIS MN 55404 | CRAIG W SCHMIDT | RESIDENTIAL | $275,000 | 167 ft |
Most Recent Sale
Current Tax Year