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 ↗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 ↗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 ↗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.
1 permit on record since 2024 · $8K total declared value · Most recent: Apr 2024 (misc)
Options 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
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 3,152 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2612 16TH AVE S MINNEAPOLIS MN 55407 | CHRISTINE S ANDERSON | RESIDENTIAL | $266,900 | 48 ft |
| 1539 26TH ST E MINNEAPOLIS MN 55404 | DANIEL LUIS ZHICAY | RESIDENTIAL-TWO UNIT | $311,200 | 75 ft |
| 1535 26TH ST E MINNEAPOLIS MN 55404 | MARIA LUISA CASTILLO PINOS | RESIDENTIAL | $183,200 | 83 ft |
| 2618 16TH AVE S MINNEAPOLIS MN 55407 | N M SIMAT & S N WINTER | RESIDENTIAL-TWO UNIT | $321,900 | 120 ft |
| 2603 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ROYAL PROPERTIES INC | TRIPLEX | $721,000 | 135 ft |
| 2601 16TH AVE S MINNEAPOLIS MN 55407 | SERENDIPITY INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $362,700 | 182 ft |
| 2609 16TH AVE S MINNEAPOLIS MN 55407 | L G & K M DOUB | APARTMENT | $1,556,800 | 186 ft |
| 2624 16TH AVE S MINNEAPOLIS MN 55407 | L G & K M DOUB | APARTMENT | $569,000 | 195 ft |
| 2621 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | PATRICK LADWIG | RESIDENTIAL | $306,600 | 197 ft |
| 2619 16TH AVE S MINNEAPOLIS MN 55407 | JORGE G & PAOLA RIERA | RESIDENTIAL | $371,700 | 232 ft |
Current Tax Year