Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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 ↗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.
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 1258
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-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 2,642 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2900 12TH AVE S MINNEAPOLIS MN 55407 | DAVID ALLEN NELSON | APARTMENT | $362,000 | 40 ft |
| 2908 12TH AVE S MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | — | $346,900 | 40 ft |
| 2912 12TH AVE S MINNEAPOLIS MN 55407 | SHIRLEY ROBINSON | RESIDENTIAL | $281,900 | 80 ft |
| 2916 12TH AVE S MINNEAPOLIS MN 55407 | ANNIESSA ANTAR | RESIDENTIAL | $279,400 | 120 ft |
| 2853 11TH AVE S MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 121 ft |
| 2905 11TH AVE S MINNEAPOLIS MN 55407 | MIDTOWN EXCHANGE COMMONS LLC | LAND-COMMERCIAL | $553,000 | 154 ft |
| 2920 12TH AVE S MINNEAPOLIS MN 55407 | JAKE & TY LLC | RESIDENTIAL-TWO UNIT | $315,300 | 160 ft |
| 2901 12TH AVE S MINNEAPOLIS MN 55407 | ABUBAKER AS-SADDIQUE ISL CTR | LAND-COMMERCIAL | $4,300 | 170 ft |
| 2907 12TH AVE S MINNEAPOLIS MN 55407 | JAYMES DRIELING | APARTMENT | $507,000 | 188 ft |
| 2903 12TH AVE S MINNEAPOLIS MN 55407 | ABUBAKER AS-SADDIQUE ISL CTR | LAND-COMMERCIAL | $82,400 | 191 ft |
Most Recent Sale
Current Tax Year