ParcelLens
Property Intelligence · Twin Cities
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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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
7 permits on record since 2020 · $1.5M total declared value · Most recent: Jan 2023 (commfdnr)
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
FRERICHS CONSTRUCTION CO
United States 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 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2752 12TH AVE S MINNEAPOLIS MN 55407 | ALI O EGAL | VACANT LAND-RESIDENTIAL | $19,000 | 50 ft |
| 2742 12TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | APARTMENT | $0 | 59 ft |
| 2736 12TH AVE S MINNEAPOLIS MN 55407 | JUANITA CHRISTENSEN | RESIDENTIAL | $158,000 | 111 ft |
| 1100 28TH ST E MINNEAPOLIS MN 55407 | ASI HOMES INC | LOW INCOME RENTAL | $435,300 | 140 ft |
| 2743 11TH AVE S MINNEAPOLIS MN 55407 | MAVERICK HOLDINGS LLC | APARTMENT | $1,062,000 | 143 ft |
| 2732 12TH AVE S MINNEAPOLIS MN 55407 | FADUMO MOHAMED | RESIDENTIAL | $353,000 | 154 ft |
| 2737 11TH AVE S MINNEAPOLIS MN 55407 | K G JOELSON & R L FARROW JR | RESIDENTIAL | $273,300 | 175 ft |
| 1113 28TH ST E MINNEAPOLIS MN 55407 | MOHAMED SHUKRI/ESTAR GELE | RESIDENTIAL | $178,900 | 178 ft |
| 2800 12TH AVE S MINNEAPOLIS MN 55407 | MINNEAPOLIS PUBLIC SCHOOLS | LAND-COMMERCIAL | $0 | 188 ft |
| 2743 12TH AVE S MINNEAPOLIS MN 55407 | ABDIRAZAK IDDLE | RESIDENTIAL-TWO UNIT | $528,600 | 195 ft |
Current Tax Year