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.
5 permits on record since 2024 · $64K total declared value · Most recent: May 2026 (remodel)
Century Insulation INC
Farr Plumbing and Heating LLC
Farr Plumbing and Heating LLC
FIRST IMPRESSIONS EXTERIORS
FIRST IMPRESSIONS EXTERIORS
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 2,329 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2740 16TH AVE S MINNEAPOLIS MN 55407 | T MATTSON & A MATTSON | RESIDENTIAL-TWO UNIT | $306,000 | 41 ft |
| 2736 16TH AVE S MINNEAPOLIS MN 55407 | S HASTI & V HASTI | RESIDENTIAL-TWO UNIT | $266,100 | 82 ft |
| 2800 16TH AVE S MINNEAPOLIS MN 55407 | W M HUMPHREY & G WILSON | RESIDENTIAL | $233,000 | 121 ft |
| 2732 16TH AVE S MINNEAPOLIS MN 55407 | G B PACHECO & V PACHECO | RESIDENTIAL-TWO UNIT | $273,600 | 123 ft |
| 2745 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ALNAHRAYN LLC | RESIDENTIAL-TWO UNIT | $525,000 | 135 ft |
| 2741 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LURDES Y JARA-PUMA | RESIDENTIAL-TWO UNIT | $287,400 | 141 ft |
| 2737 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S ADKINS/J COWLEY/J KORSON | RESIDENTIAL | $300,000 | 158 ft |
| 2804 16TH AVE S MINNEAPOLIS MN 55407 | JEFF SCHIBILLA | RESIDENTIAL | $198,800 | 162 ft |
| 2726 16TH AVE S MINNEAPOLIS MN 55407 | S HUMAGAI & J HUMAGAI | RESIDENTIAL | $356,200 | 164 ft |
| 2733 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | C J ARIAS & J C A MARTINEZ | RESIDENTIAL-TWO UNIT | $273,900 | 182 ft |
Most Recent Sale
Current Tax Year