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 ↗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 ↗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.
3 permits on record since 2017 · $14K total declared value · Most recent: Aug 2021 (remodel)
MN Solar and More
MOORHEAD MACHINERY AND BOILER CO
MOORHEAD MACHINERY AND BOILER CO
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
Lot dimensions are insufficient for the standard setbacks shown.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 5,014 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2833 PARK AVE MINNEAPOLIS MN 55407 | GOLDEN INVESTMENTS LLC | LOW INCOME RENTAL | $419,000 | 66 ft |
| 2825 PARK AVE MINNEAPOLIS MN 55407 | OAKLEY APARTMENTS LLC | APARTMENT | $1,554,000 | 70 ft |
| 2830 COLUMBUS AVE MINNEAPOLIS MN 55407 | OSCAR A C VELETANGA ET AL | RESIDENTIAL-TWO UNIT | $260,900 | 106 ft |
| 2844 COLUMBUS AVE MINNEAPOLIS MN 55407 | MIDWEST OIL L C | APARTMENT | $598,000 | 125 ft |
| 2835 PARK AVE MINNEAPOLIS MN 55407 | SOUTHSIDE COMMUNITY L P | LOW INCOME RENTAL | $1,141,000 | 126 ft |
| 2816 COLUMBUS AVE MINNEAPOLIS MN 55407 | OAKLEY APARTMENTS LLC | APARTMENT | $219,000 | 126 ft |
| 2841 PARK AVE MINNEAPOLIS MN 55407 | SOUTHSIDE COMMUNITY L P | VACANT LAND-APARTMENT | $56,700 | 168 ft |
| 2801 PARK AVE MINNEAPOLIS MN 55407 | SHELDRAKE & ORRINGTON LLC | LOW INCOME RENTAL | $5,574,000 | 210 ft |
| 2832 PARK AVE MINNEAPOLIS MN 55407 | PATRICIA M CASAGRANDE | APARTMENT | $618,000 | 243 ft |
| 2826 PARK AVE MINNEAPOLIS MN 55407 | LIMA PROPERTIES LLC | TRIPLEX | $518,700 | 246 ft |
Most Recent Sale
Current Tax Year