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.
2 permits on record since 2017 · Most recent: Jan 2018 (res)
MNP Mechanical LLC
CENTERPOINT ENERGY
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
East Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1259
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 3,832 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2645 18TH AVE S MINNEAPOLIS MN 55407 | NAOMI CATHERINE MOHAMMED | RESIDENTIAL-TWO UNIT | $268,500 | 50 ft |
| 2641 18TH AVE S MINNEAPOLIS MN 55407 | KREATIVE REAL ESTATE LLC | RESIDENTIAL | $164,700 | 94 ft |
| 1805 27TH ST E MINNEAPOLIS MN 55407 | KOFI YEBOAH | RESIDENTIAL | $160,000 | 122 ft |
| 1801 27TH ST E MINNEAPOLIS MN 55407 | LINDA KAY LEONARD | RESIDENTIAL | $164,000 | 123 ft |
| 2646 CEDAR AVE S MINNEAPOLIS MN 55407 | GREEN MOUNTAIN ENTRPRS LLC | COMMERCIAL-PREFERRED | $438,000 | 137 ft |
| 1720 27TH ST E MINNEAPOLIS MN 55407 | LAURA E LAZO | RESIDENTIAL-TWO UNIT | $254,200 | 144 ft |
| 2633 18TH AVE S MINNEAPOLIS MN 55407 | KAREN J CLARK | RESIDENTIAL | $231,000 | 144 ft |
| 2640 CEDAR AVE S MINNEAPOLIS MN 55407 | TINA M VILLALOBOS | APARTMENT | $384,000 | 165 ft |
| 2707 18TH AVE S MINNEAPOLIS MN 55407 | K M ROSSBACH & J J ROSS | RESIDENTIAL | $277,000 | 177 ft |
| 2700 CEDAR AVE S MINNEAPOLIS MN 55407 | GREEN MOUNTAIN ENTERPRZ LLC | VACANT LAND-RESIDENTIAL | $30,000 | 179 ft |
Most Recent Sale
Current Tax Year