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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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.
5 permits on record since 2020 · $46K total declared value · Most recent: Nov 2024 (existres)
McQuillan Home Services LLC
Norse Valhalla Construction LLC
Norse Valhalla Construction LLC
Northern's Benjamin Franklin Plumbing
THE EGRESS WINDOW COMPANY
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Phillips West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1260
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 3 — medium-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 1,939 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2805 OAKLAND AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 41 ft |
| 2809 OAKLAND AVE MINNEAPOLIS MN 55407 | C M MARTINEZ CHIRIGUAYA | RESIDENTIAL | $200,600 | 82 ft |
| 2800 PARK AVE MINNEAPOLIS MN 55407 | LMAS PROPERTIES LLC | APARTMENT | $504,000 | 125 ft |
| 2817 OAKLAND AVE MINNEAPOLIS MN 55407 | SAID ADAN & BEELO MOHAMED | COMMERCIAL-PREFERRED | $556,000 | 144 ft |
| 2806 PARK AVE MINNEAPOLIS MN 55407 | 2810 PARK AVENUE SOUTH LLC | APARTMENT | $2,035,000 | 146 ft |
| 2810 PARK AVE MINNEAPOLIS MN 55407 | 2810 PARK AVENUE SOUTH LLC | APARTMENT | $2,035,000 | 175 ft |
| 2750 PARK AVE MINNEAPOLIS MN 55407 | ADNA PROPERTY LLC | COMMERCIAL-PREFERRED | $1,722,000 | 176 ft |
| 615 28TH ST E MINNEAPOLIS MN 55407 | OPEN DOOR HOUSE OF PRAYER | COMMERCIAL-PREFERRED | $0 | 180 ft |
| 2806 OAKLAND AVE MINNEAPOLIS MN 55407 | OPEN DOOR HOUSE OF PRAYER | LAND-COMMERCIAL | $0 | 198 ft |
| 2825 OAKLAND AVE MINNEAPOLIS MN 55407 | JOSE K G MAINATO & M MAINATO | TRIPLEX | $364,400 | 205 ft |
Most Recent Sale
Current Tax Year