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.
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 3,078 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2526 12TH AVE S MINNEAPOLIS MN 55404 | KIMETTE ALMON | APARTMENT | $496,000 | 45 ft |
| 2534 12TH AVE S MINNEAPOLIS MN 55404 | NATHAN THORNE | RESIDENTIAL | $286,500 | 45 ft |
| 2524 12TH AVE S MINNEAPOLIS MN 55404 | NATALIE LYNN BENSON | RESIDENTIAL | $254,000 | 90 ft |
| 2540 12TH AVE S MINNEAPOLIS MN 55404 | SEAN BRYANT | RESIDENTIAL-TWO UNIT | $391,000 | 90 ft |
| 2520 12TH AVE S MINNEAPOLIS MN 55404 | RAFAEL ROBLES/MIRIAN MOLINA | RESIDENTIAL-TWO UNIT | $370,500 | 136 ft |
| 2542 12TH AVE S MINNEAPOLIS MN 55404 | RODA MUSE & ABDI AFRAH | RESIDENTIAL | $364,000 | 136 ft |
| 2531 11TH AVE S MINNEAPOLIS MN 55404 | ROGER HEINLE | RESIDENTIAL-TWO UNIT | $285,400 | 141 ft |
| 2535 11TH AVE S MINNEAPOLIS MN 55404 | JANNA R OLSON | RESIDENTIAL-TWO UNIT | $270,600 | 148 ft |
| 2527 11TH AVE S MINNEAPOLIS MN 55404 | VICTOR J NELSON | RESIDENTIAL-TWO UNIT | $343,900 | 148 ft |
| 2521 11TH AVE S MINNEAPOLIS MN 55404 | MARK MULLER & AMY SMITH | TRIPLEX | $413,100 | 167 ft |
Most Recent Sale
Current Tax Year