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.
2 permits on record since 2019 · $2K total declared value · Most recent: Apr 2019 (res)
Yale Mechanical
Jobpro Management LLC
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
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 |
|---|---|---|---|---|
| 2801 OAKLAND AVE MINNEAPOLIS MN 55407 | CANDICE D'ARCANGELI | RESIDENTIAL | $407,000 | 41 ft |
| 2809 OAKLAND AVE MINNEAPOLIS MN 55407 | C M MARTINEZ CHIRIGUAYA | RESIDENTIAL | $200,600 | 41 ft |
| 2817 OAKLAND AVE MINNEAPOLIS MN 55407 | SAID ADAN & BEELO MOHAMED | COMMERCIAL-PREFERRED | $556,000 | 103 ft |
| 2800 PARK AVE MINNEAPOLIS MN 55407 | LMAS PROPERTIES LLC | APARTMENT | $504,000 | 126 ft |
| 2806 PARK AVE MINNEAPOLIS MN 55407 | 2810 PARK AVENUE SOUTH LLC | APARTMENT | $2,035,000 | 129 ft |
| 2810 PARK AVE MINNEAPOLIS MN 55407 | 2810 PARK AVENUE SOUTH LLC | APARTMENT | $2,035,000 | 149 ft |
| 2825 OAKLAND AVE MINNEAPOLIS MN 55407 | JOSE K G MAINATO & M MAINATO | TRIPLEX | $364,400 | 164 ft |
| 2812 PARK AVE MINNEAPOLIS MN 55407 | 2812 PARK AVENUE SOUTH LLC | APARTMENT | $423,000 | 175 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 | 184 ft |
Current Tax Year