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.
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 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 6,269 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2818 11TH AVE S MINNEAPOLIS MN 55407 | STEPHEN TS KUNG | RESIDENTIAL | $182,600 | 68 ft |
| 1019 28TH ST E MINNEAPOLIS MN 55407 | M A QUITO & M PAREDES | RESIDENTIAL | $227,000 | 97 ft |
| 1015 28TH ST E MINNEAPOLIS MN 55407 | CHONG VANG | RESIDENTIAL | $180,600 | 97 ft |
| 2815 10TH AVE S MINNEAPOLIS MN 55407 | J R L LUNA & D C R PAIBA | RESIDENTIAL | $335,200 | 140 ft |
| 2811 10TH AVE S MINNEAPOLIS MN 55407 | NICOLE A LINDGREN | RESIDENTIAL | $188,000 | 141 ft |
| 2819 10TH AVE S MINNEAPOLIS MN 55407 | ALEXANDER LEE/KARIN STRICKER | RESIDENTIAL | $143,000 | 154 ft |
| 1001 28TH ST E MINNEAPOLIS MN 55407 | EAST 28TH STREET LLC | APARTMENT | $1,489,000 | 166 ft |
| 1101 28TH ST E MINNEAPOLIS MN 55407 | BRIAN TONSAGER | RESIDENTIAL-TWO UNIT | $262,000 | 172 ft |
| 2811 11TH AVE S MINNEAPOLIS MN 55407 | SHARON JENSEN & DAVID JENSEN | LOW INCOME RENTAL | $473,000 | 188 ft |
| 2817 11TH AVE S MINNEAPOLIS MN 55407 | MARIA T JARA QUITO | VACANT LAND-RESIDENTIAL | $17,000 | 192 ft |
Most Recent Sale
Current Tax Year