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 · $11K total declared value · Most recent: Nov 2023 (misc)
Hail Experts Inc
Air Rite Mechanical Systems Inc
Linn Star Transfer 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 2,812 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2543 10TH AVE S MINNEAPOLIS MN 55404 | CITY/LAKES COMMUNITY LAND TR | RESIDENTIAL | $325,000 | 46 ft |
| 2539 10TH AVE S MINNEAPOLIS MN 55404 | KEVIN L LORANG | RESIDENTIAL-TWO UNIT | $260,200 | 91 ft |
| 1012 26TH ST E MINNEAPOLIS MN 55404 | ROSARIO VELEZ | RESIDENTIAL-TWO UNIT | $229,300 | 98 ft |
| 2535 10TH AVE S MINNEAPOLIS MN 55404 | R F GRIGSBY & J GRIGSBY | RESIDENTIAL | $365,000 | 136 ft |
| 2542 11TH AVE S MINNEAPOLIS MN 55404 | FLAVIO GUSTAVO JARA | RESIDENTIAL-TWO UNIT | $377,000 | 148 ft |
| 2546 11TH AVE S MINNEAPOLIS MN 55404 | DAVID R JARA ARIAS | RESIDENTIAL-TWO UNIT | $294,100 | 162 ft |
| 2534 11TH AVE S MINNEAPOLIS MN 55404 | LEAH V YOTTER | RESIDENTIAL | $345,800 | 181 ft |
| 2531 10TH AVE S MINNEAPOLIS MN 55404 | TWIN CITIES HABITAT HUMANITY | RESIDENTIAL | $183,000 | 182 ft |
| 2544 10TH AVE S MINNEAPOLIS MN 55404 | HEALTH CARE PROP INVSTRS INC | COMMERCIAL-PREFERRED | $10,400,000 | 212 ft |
| 2527 10TH AVE S MINNEAPOLIS MN 55404 | HARDY ACCOUNTING LTD | APARTMENT | $530,000 | 227 ft |
Most Recent Sale
Current Tax Year