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.
28 permits on record since 2018 · $18.9M total declared value · Most recent: Mar 2026 (commfdnr)
Davis Mechanical Systems, Inc.
WL HALL COMPANY
Rochon Corporation
Davis Mechanical Systems, Inc.
Davis Mechanical Systems, 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
Residential Mixed-Use 3 — higher-density mixed 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2733 11TH AVE S MINNEAPOLIS MN 55407 | JACOB JAMES DEHNKE | RESIDENTIAL | $226,600 | 253 ft |
| 2732 11TH AVE S MINNEAPOLIS MN 55407 | DANIEL AARON SIMMONS | RESIDENTIAL-TWO UNIT | $415,900 | 253 ft |
| 2737 11TH AVE S MINNEAPOLIS MN 55407 | K G JOELSON & R L FARROW JR | RESIDENTIAL | $273,300 | 293 ft |
| 2736 11TH AVE S MINNEAPOLIS MN 55407 | LAURA LYNNE FRITZ | RESIDENTIAL | $259,400 | 293 ft |
| 2732 12TH AVE S MINNEAPOLIS MN 55407 | FADUMO MOHAMED | RESIDENTIAL | $353,000 | 328 ft |
| 2733 10TH AVE S MINNEAPOLIS MN 55407 | JULIE NOREN | RESIDENTIAL | $182,100 | 331 ft |
| 2740 11TH AVE S MINNEAPOLIS MN 55407 | THOMAS M TULIEN | APARTMENT | $386,200 | 334 ft |
| 2640 12TH AVE S MINNEAPOLIS MN 55407 | CITY OF MPLS THROUGH PK BD | LAND-COMMERCIAL | $0 | 342 ft |
| 2743 11TH AVE S MINNEAPOLIS MN 55407 | MAVERICK HOLDINGS LLC | APARTMENT | $1,062,000 | 355 ft |
| 2736 12TH AVE S MINNEAPOLIS MN 55407 | JUANITA CHRISTENSEN | RESIDENTIAL | $158,000 | 360 ft |
Current Tax Year