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 ↗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 ↗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 2002 · $138K total declared value · Most recent: May 2002 (binb)
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 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 3,949 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2612 CEDAR AVE S MINNEAPOLIS MN 55407 | MULATA ASSOCIATE LLC | APARTMENT | $538,000 | 57 ft |
| 2620 CEDAR AVE S MINNEAPOLIS MN 55407 | MATRIX ASSET SOLUTIONS LLC | LOW INCOME RENTAL | $732,000 | 57 ft |
| 2626 CEDAR AVE S MINNEAPOLIS MN 55407 | JALILIA ABDUL-BROWN | RESIDENTIAL | $370,000 | 111 ft |
| 2606 CEDAR AVE S MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 115 ft |
| 2615 18TH AVE S MINNEAPOLIS MN 55407 | P H & M M HILL | RESIDENTIAL | $232,100 | 136 ft |
| 2621 18TH AVE S MINNEAPOLIS MN 55407 | C M SCHOENBORN & L E HAAS | RESIDENTIAL | $234,000 | 138 ft |
| 2613 18TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $263,300 | 145 ft |
| 2625 18TH AVE S MINNEAPOLIS MN 55407 | DN3 LLC | APARTMENT | $762,000 | 161 ft |
| 2630 CEDAR AVE S MINNEAPOLIS MN 55407 | AURORA N DE CAMPUZANO | RESIDENTIAL-TWO UNIT | $217,900 | 161 ft |
| 2609 18TH AVE S MINNEAPOLIS MN 55407 | E C CAMPBELL/J M GULBRANDSON | RESIDENTIAL | $266,500 | 164 ft |
Most Recent Sale
Current Tax Year