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.
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
Residential Mixed-Use 3 — higher-density mixed 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 mid-rise concrete (50+ units) benchmarks for 33,351 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2525 ELLIOT AVE MINNEAPOLIS MN 55404 | CHILDRENS HEALTH CARE | COMMERCIAL-PREFERRED | $572,600 | 137 ft |
| 2523 10TH AVE S MINNEAPOLIS MN 55404 | MICHAEL GERTJEJANSEN | RESIDENTIAL | $279,500 | 190 ft |
| 2527 10TH AVE S MINNEAPOLIS MN 55404 | HARDY ACCOUNTING LTD | APARTMENT | $530,000 | 196 ft |
| 2519 10TH AVE S MINNEAPOLIS MN 55404 | P B RUCKER& J F AUBREY | RESIDENTIAL-TWO UNIT | $320,800 | 196 ft |
| 2515 10TH AVE S MINNEAPOLIS MN 55404 | BROMAN BLACKMORE FAMILY TR | RESIDENTIAL | $303,600 | 210 ft |
| 2531 10TH AVE S MINNEAPOLIS MN 55404 | TWIN CITIES HABITAT HUMANITY | RESIDENTIAL | $183,000 | 211 ft |
| 2502 10TH AVE S MINNEAPOLIS MN 55404 | CHILDREN'S HEALTH CARE | COMMERCIAL-PREFERRED | $0 | 230 ft |
| 2513 10TH AVE S MINNEAPOLIS MN 55404 | C T BROOKINS & R J BROOKINS | RESIDENTIAL | $193,800 | 233 ft |
| 2535 10TH AVE S MINNEAPOLIS MN 55404 | R F GRIGSBY & J GRIGSBY | RESIDENTIAL | $365,000 | 234 ft |
| 2544 10TH AVE S MINNEAPOLIS MN 55404 | HEALTH CARE PROP INVSTRS INC | COMMERCIAL-PREFERRED | $10,400,000 | 240 ft |
Current Tax Year