ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗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 2023 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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
Residential Mixed-Use 1 — low-density mixed 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 small multifamily (2–4 units, wood frame) benchmarks for 2,578 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2729 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CESAR PRADO/AMELDA ALVARADO | RESIDENTIAL-TWO UNIT | $303,500 | 41 ft |
| 2721 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | N H STRANDSKOV/ J E FRANKLIN | RESIDENTIAL | $212,200 | 41 ft |
| 2733 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | C J ARIAS & J C A MARTINEZ | RESIDENTIAL-TWO UNIT | $273,900 | 82 ft |
| 2717 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ANN ROSE & MICHAEL ROSE | RESIDENTIAL | $243,600 | 89 ft |
| 2737 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S ADKINS/J COWLEY/J KORSON | RESIDENTIAL | $300,000 | 123 ft |
| 2724 16TH AVE S MINNEAPOLIS MN 55407 | AKY GROUP LLC | RESIDENTIAL | $190,000 | 135 ft |
| 2715 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MOLINA INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $261,800 | 136 ft |
| 2718 16TH AVE S MINNEAPOLIS MN 55407 | ANGELA STEVENS | RESIDENTIAL | $241,000 | 141 ft |
| 2720 16TH AVE S MINNEAPOLIS MN 55407 | AKY GROUP LLC | RESIDENTIAL | $250,000 | 141 ft |
| 2726 16TH AVE S MINNEAPOLIS MN 55407 | S HUMAGAI & J HUMAGAI | RESIDENTIAL | $356,200 | 141 ft |
Most Recent Sale
Current Tax Year