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.
1 permit on record since 2018 · Most recent: Aug 2018 (res)
Urban Pine Plumbing and Mechanical 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
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 2,222 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2501 11TH AVE S MINNEAPOLIS MN 55404 | S M KREIDENWEIS & D A PETERS | RESIDENTIAL | $232,700 | 37 ft |
| 2509 11TH AVE S MINNEAPOLIS MN 55404 | TRUE TRUST ASSOCIATES LLC | APARTMENT | $547,000 | 45 ft |
| 2513 11TH AVE S MINNEAPOLIS MN 55404 | TRUY VAN LE | RESIDENTIAL-TWO UNIT | $296,500 | 95 ft |
| 1113 25TH ST E MINNEAPOLIS MN 55404 | A JONSSON & A JONSSON | RESIDENTIAL | $137,000 | 103 ft |
| 2517 11TH AVE S MINNEAPOLIS MN 55404 | L SCHEUERMANN/B SCHEUERMANN | RESIDENTIAL-TWO UNIT | $289,300 | 141 ft |
| 2447 11TH AVE S MINNEAPOLIS MN 55404 | ALKAT ENTERPRISES LLC | APARTMENT | $476,000 | 144 ft |
| 2506 12TH AVE S MINNEAPOLIS MN 55404 | SUE LOR/JESUS RODRIGO CARPIO | RESIDENTIAL-TWO UNIT | $304,800 | 149 ft |
| 2502 12TH AVE S MINNEAPOLIS MN 55404 | SHUKRI ISSE | VACANT LAND-RESIDENTIAL | $46,000 | 149 ft |
| 2510 12TH AVE S MINNEAPOLIS MN 55404 | R P Z PUMA & S Q CHUNCHI | RESIDENTIAL-TWO UNIT | $280,500 | 170 ft |
| 2519 11TH AVE S MINNEAPOLIS MN 55404 | D J PROPST & J PROPST | RESIDENTIAL-TWO UNIT | $360,800 | 186 ft |
Most Recent Sale
Current Tax Year