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 2017 · Most recent: Jan 2025 (existres)
Vector Services LLC
GTS HVAC INC
Cities 1 Plumbing and Heating Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,815 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2542 12TH AVE S MINNEAPOLIS MN 55404 | RODA MUSE & ABDI AFRAH | RESIDENTIAL | $364,000 | 45 ft |
| 2540 12TH AVE S MINNEAPOLIS MN 55404 | SEAN BRYANT | RESIDENTIAL-TWO UNIT | $391,000 | 90 ft |
| 2534 12TH AVE S MINNEAPOLIS MN 55404 | NATHAN THORNE | RESIDENTIAL | $286,500 | 136 ft |
| 2549 11TH AVE S MINNEAPOLIS MN 55404 | BRYAN DORN & EMILY DORN | APARTMENT | $492,000 | 141 ft |
| 1200 26TH ST E MINNEAPOLIS MN 55404 | JESSE M MONTGOMERY | RESIDENTIAL-TWO UNIT | $301,200 | 146 ft |
| 2543 11TH AVE S MINNEAPOLIS MN 55404 | S FERNANDEZ ORDONEZ ET AL | RESIDENTIAL | $224,300 | 148 ft |
| 2537 11TH AVE S MINNEAPOLIS MN 55404 | LUIS MOLINA | RESIDENTIAL-TWO UNIT | $483,300 | 167 ft |
| 2530 12TH AVE S MINNEAPOLIS MN 55404 | FAIZA M BAYER | RESIDENTIAL-TWO UNIT | $282,900 | 181 ft |
| 1206 26TH ST E MINNEAPOLIS MN 55404 | ROBERT L BROWN JR | RESIDENTIAL-TWO UNIT | $292,300 | 188 ft |
| 2535 11TH AVE S MINNEAPOLIS MN 55404 | JANNA R OLSON | RESIDENTIAL-TWO UNIT | $270,600 | 195 ft |
Most Recent Sale
Current Tax Year