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.
1 permit on record since 2025 · $600 total declared value · Most recent: Nov 2025 (remodel)
Brian Anderson
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 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 6,889 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2811 10TH AVE S MINNEAPOLIS MN 55407 | NICOLE A LINDGREN | RESIDENTIAL | $188,000 | 67 ft |
| 1015 28TH ST E MINNEAPOLIS MN 55407 | CHONG VANG | RESIDENTIAL | $180,600 | 105 ft |
| 2815 10TH AVE S MINNEAPOLIS MN 55407 | J R L LUNA & D C R PAIBA | RESIDENTIAL | $335,200 | 108 ft |
| 2753 10TH AVE S MINNEAPOLIS MN 55407 | J F ALVARADO & T ALVARADO | TRIPLEX | $397,900 | 146 ft |
| 2819 10TH AVE S MINNEAPOLIS MN 55407 | ALEXANDER LEE/KARIN STRICKER | RESIDENTIAL | $143,000 | 157 ft |
| 2812 11TH AVE S MINNEAPOLIS MN 55407 | J V QUITO & C E PAREDES | APARTMENT | $486,000 | 166 ft |
| 1019 28TH ST E MINNEAPOLIS MN 55407 | M A QUITO & M PAREDES | RESIDENTIAL | $227,000 | 169 ft |
| 2749 10TH AVE S MINNEAPOLIS MN 55407 | JANICE M DENOBLE REVOC TRUST | RESIDENTIAL-TWO UNIT | $366,300 | 182 ft |
| 2752 11TH AVE S MINNEAPOLIS MN 55407 | F YAURINCELA/M M G CHICAIZA | RESIDENTIAL-TWO UNIT | $304,800 | 202 ft |
| 2818 11TH AVE S MINNEAPOLIS MN 55407 | STEPHEN TS KUNG | RESIDENTIAL | $182,600 | 211 ft |
Most Recent Sale
Current Tax Year