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.
4 permits on record since 2017 · $39K total declared value · Most recent: Nov 2024 (misc)
DESIGN ENVY USA INC
DESIGN ENVY USA INC
ST PAUL PLUMBING AND HEATING CO INC
Riverside Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Midtown Phillips · 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 2,020 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2816 12TH AVE S MINNEAPOLIS MN 55407 | E D C MIALMA/M G C MARTINEZ | RESIDENTIAL | $239,100 | 33 ft |
| 2820 12TH AVE S MINNEAPOLIS MN 55407 | SAED GELLE | RESIDENTIAL-TWO UNIT | $416,500 | 49 ft |
| 2812 12TH AVE S MINNEAPOLIS MN 55407 | CHARLES EMMONS | RESIDENTIAL-TWO UNIT | $290,000 | 74 ft |
| 2828 12TH AVE S MINNEAPOLIS MN 55407 | ANKE AL BATAINEH | RESIDENTIAL | $162,000 | 98 ft |
| 2806 12TH AVE S MINNEAPOLIS MN 55407 | R KINDE & S R KANTAMNENI | RESIDENTIAL-TWO UNIT | $300,700 | 123 ft |
| 2830 12TH AVE S MINNEAPOLIS MN 55407 | MIRE HERSI & DEEQA ALI | RESIDENTIAL | $351,000 | 131 ft |
| 2819 11TH AVE S MINNEAPOLIS MN 55407 | HARRY GREENBERG | RESIDENTIAL-TWO UNIT | $226,400 | 140 ft |
| 2817 11TH AVE S MINNEAPOLIS MN 55407 | MARIA T JARA QUITO | VACANT LAND-RESIDENTIAL | $17,000 | 144 ft |
| 2823 11TH AVE S MINNEAPOLIS MN 55407 | HARRY GREENBERG TRUST | RESIDENTIAL-TWO UNIT | $264,200 | 147 ft |
| 2811 11TH AVE S MINNEAPOLIS MN 55407 | SHARON JENSEN & DAVID JENSEN | LOW INCOME RENTAL | $473,000 | 162 ft |
Most Recent Sale
Current Tax Year