Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
2 permits on record since 2024 · $7K total declared value · Most recent: Jun 2024 (existres)
ANC HVAC LLC
Chong Vang
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
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 3,072 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1019 28TH ST E MINNEAPOLIS MN 55407 | M A QUITO & M PAREDES | RESIDENTIAL | $227,000 | 64 ft |
| 2812 11TH AVE S MINNEAPOLIS MN 55407 | J V QUITO & C E PAREDES | APARTMENT | $486,000 | 97 ft |
| 1001 28TH ST E MINNEAPOLIS MN 55407 | EAST 28TH STREET LLC | APARTMENT | $1,489,000 | 105 ft |
| 2811 10TH AVE S MINNEAPOLIS MN 55407 | NICOLE A LINDGREN | RESIDENTIAL | $188,000 | 125 ft |
| 2752 11TH AVE S MINNEAPOLIS MN 55407 | F YAURINCELA/M M G CHICAIZA | RESIDENTIAL-TWO UNIT | $304,800 | 150 ft |
| 2815 10TH AVE S MINNEAPOLIS MN 55407 | J R L LUNA & D C R PAIBA | RESIDENTIAL | $335,200 | 151 ft |
| 2818 11TH AVE S MINNEAPOLIS MN 55407 | STEPHEN TS KUNG | RESIDENTIAL | $182,600 | 163 ft |
| 1101 28TH ST E MINNEAPOLIS MN 55407 | BRIAN TONSAGER | RESIDENTIAL-TWO UNIT | $262,000 | 179 ft |
| 2753 10TH AVE S MINNEAPOLIS MN 55407 | J F ALVARADO & T ALVARADO | TRIPLEX | $397,900 | 180 ft |
| 2748 11TH AVE S MINNEAPOLIS MN 55407 | KELLY J & DANIEL L WILDER | RESIDENTIAL | $227,000 | 186 ft |
Most Recent Sale
Current Tax Year