Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 2021 · Most recent: Apr 2021 (res)
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2621 18TH AVE S MINNEAPOLIS MN 55407 | C M SCHOENBORN & L E HAAS | RESIDENTIAL | $234,000 | 40 ft |
| 2613 18TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $263,300 | 40 ft |
| 2609 18TH AVE S MINNEAPOLIS MN 55407 | E C CAMPBELL/J M GULBRANDSON | RESIDENTIAL | $266,500 | 80 ft |
| 2625 18TH AVE S MINNEAPOLIS MN 55407 | DN3 LLC | APARTMENT | $762,000 | 101 ft |
| 2605 18TH AVE S MINNEAPOLIS MN 55407 | JSW PROPERTIES LLC | RESIDENTIAL | $272,200 | 120 ft |
| 2616 CEDAR AVE S MINNEAPOLIS MN 55407 | HEIGHTS APARTMENTS LLC | APARTMENT | $596,000 | 136 ft |
| 2612 CEDAR AVE S MINNEAPOLIS MN 55407 | MULATA ASSOCIATE LLC | APARTMENT | $538,000 | 142 ft |
| 2620 CEDAR AVE S MINNEAPOLIS MN 55407 | MATRIX ASSET SOLUTIONS LLC | LOW INCOME RENTAL | $732,000 | 152 ft |
| 2601 18TH AVE S MINNEAPOLIS MN 55407 | B J C ROMERO & M L C HERRERA | RESIDENTIAL-TWO UNIT | $250,700 | 163 ft |
| 2606 CEDAR AVE S MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 169 ft |