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 ↗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.
2 permits on record since 2017 · $7K total declared value · Most recent: Nov 2020 (addition)
HEDBERG INTERIORS
THE ROOF GUYS
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,791 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2810 PARK AVE MINNEAPOLIS MN 55407 | 2810 PARK AVENUE SOUTH LLC | APARTMENT | $2,035,000 | 41 ft |
| 2824 PARK AVE MINNEAPOLIS MN 55407 | RON PLOTSKER ET AL | TRIPLEX | $309,600 | 41 ft |
| 2826 PARK AVE MINNEAPOLIS MN 55407 | LIMA PROPERTIES LLC | TRIPLEX | $518,700 | 82 ft |
| 2806 PARK AVE MINNEAPOLIS MN 55407 | 2810 PARK AVENUE SOUTH LLC | APARTMENT | $2,035,000 | 86 ft |
| 2817 OAKLAND AVE MINNEAPOLIS MN 55407 | SAID ADAN & BEELO MOHAMED | COMMERCIAL-PREFERRED | $556,000 | 125 ft |
| 2832 PARK AVE MINNEAPOLIS MN 55407 | PATRICIA M CASAGRANDE | APARTMENT | $618,000 | 125 ft |
| 2825 OAKLAND AVE MINNEAPOLIS MN 55407 | JOSE K G MAINATO & M MAINATO | TRIPLEX | $364,400 | 128 ft |
| 2800 PARK AVE MINNEAPOLIS MN 55407 | LMAS PROPERTIES LLC | APARTMENT | $504,000 | 147 ft |
| 2829 OAKLAND AVE MINNEAPOLIS MN 55407 | M P ROBLES & L ALVARADO | RESIDENTIAL | $195,000 | 147 ft |
| 2809 OAKLAND AVE MINNEAPOLIS MN 55407 | C M MARTINEZ CHIRIGUAYA | RESIDENTIAL | $200,600 | 150 ft |
Most Recent Sale
Current Tax Year