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.
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 3-story wood frame (5–12 units) benchmarks for 3,962 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2829 PARK AVE MINNEAPOLIS MN 55407 | BLACKPOOL LLC ET AL | APARTMENT | $1,270,000 | 66 ft |
| 2835 PARK AVE MINNEAPOLIS MN 55407 | SOUTHSIDE COMMUNITY L P | LOW INCOME RENTAL | $1,141,000 | 81 ft |
| 2841 PARK AVE MINNEAPOLIS MN 55407 | SOUTHSIDE COMMUNITY L P | VACANT LAND-APARTMENT | $56,700 | 115 ft |
| 2844 COLUMBUS AVE MINNEAPOLIS MN 55407 | MIDWEST OIL L C | APARTMENT | $598,000 | 124 ft |
| 2825 PARK AVE MINNEAPOLIS MN 55407 | OAKLEY APARTMENTS LLC | APARTMENT | $1,554,000 | 131 ft |
| 2830 COLUMBUS AVE MINNEAPOLIS MN 55407 | OSCAR A C VELETANGA ET AL | RESIDENTIAL-TWO UNIT | $260,900 | 134 ft |
| 2816 COLUMBUS AVE MINNEAPOLIS MN 55407 | OAKLEY APARTMENTS LLC | APARTMENT | $219,000 | 180 ft |
| 2849 PARK AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 191 ft |
| 2836 PARK AVE MINNEAPOLIS MN 55407 | PARK AVE HOMES LLC | TRIPLEX | $297,400 | 227 ft |
| 2840 PARK AVE MINNEAPOLIS MN 55407 | ALFONSO VELEZ & GLORIA VELEZ | RESIDENTIAL-TWO UNIT | $289,800 | 229 ft |
Most Recent Sale
Current Tax Year