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.
No permits found in Minneapolis open data for this parcel.
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 2,505 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2615 18TH AVE S MINNEAPOLIS MN 55407 | P H & M M HILL | RESIDENTIAL | $232,100 | 40 ft |
| 2625 18TH AVE S MINNEAPOLIS MN 55407 | DN3 LLC | APARTMENT | $762,000 | 61 ft |
| 2613 18TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $263,300 | 80 ft |
| 2609 18TH AVE S MINNEAPOLIS MN 55407 | E C CAMPBELL/J M GULBRANDSON | RESIDENTIAL | $266,500 | 120 ft |
| 2629 18TH AVE S MINNEAPOLIS MN 55407 | BLANCA B AVILA RIVAS ET AL | RESIDENTIAL-TWO UNIT | $324,400 | 131 ft |
| 2616 CEDAR AVE S MINNEAPOLIS MN 55407 | HEIGHTS APARTMENTS LLC | APARTMENT | $596,000 | 138 ft |
| 2620 CEDAR AVE S MINNEAPOLIS MN 55407 | MATRIX ASSET SOLUTIONS LLC | LOW INCOME RENTAL | $732,000 | 139 ft |
| 2626 CEDAR AVE S MINNEAPOLIS MN 55407 | JALILIA ABDUL-BROWN | RESIDENTIAL | $370,000 | 159 ft |
| 2612 CEDAR AVE S MINNEAPOLIS MN 55407 | MULATA ASSOCIATE LLC | APARTMENT | $538,000 | 159 ft |
| 2605 18TH AVE S MINNEAPOLIS MN 55407 | JSW PROPERTIES LLC | RESIDENTIAL | $272,200 | 160 ft |
Most Recent Sale
Current Tax Year