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.
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 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 |
|---|---|---|---|---|
| 1015 26TH ST E MINNEAPOLIS MN 55404 | CITY OF MPLS THROUGH PK BD | LAND-COMMERCIAL | $0 | 184 ft |
| 2640 12TH AVE S MINNEAPOLIS MN 55407 | CITY OF MPLS THROUGH PK BD | LAND-COMMERCIAL | $0 | 394 ft |
| 2727 10TH AVE S MINNEAPOLIS MN 55407 | SCHOOL DIST NO 1 | COMMERCIAL-PREFERRED | $0 | 432 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | ALLINA HEALTH SYSTEM | COMMERCIAL-PREFERRED | $1,810,000 | 459 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | ALLINA HEALTH SYSTEM | COMMERCIAL-PREFERRED | $2,607,000 | 459 ft |
| MN | Unknown | — | — | 459 ft |
| 2602 12TH AVE S MINNEAPOLIS MN 55407 | BD OF ED GREELEY SCHOOL | LAND-COMMERCIAL | $0 | 464 ft |
| 2547 10TH AVE S MINNEAPOLIS MN 55404 | J N REDDY & G D MOHANLALL | RESIDENTIAL | $263,000 | 510 ft |
| 1012 26TH ST E MINNEAPOLIS MN 55404 | ROSARIO VELEZ | RESIDENTIAL-TWO UNIT | $229,300 | 521 ft |
| 2546 11TH AVE S MINNEAPOLIS MN 55404 | DAVID R JARA ARIAS | RESIDENTIAL-TWO UNIT | $294,100 | 538 ft |
Current Tax Year