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 ↗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 ↗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.
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 small multifamily (2–4 units, wood frame) benchmarks for 2,011 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2724 CEDAR AVE S MINNEAPOLIS MN 55407 | MOHAMUD ABDI | RESIDENTIAL | $328,000 | 55 ft |
| 2716 CEDAR AVE S MINNEAPOLIS MN 55407 | MEE LEE | RESIDENTIAL | $253,700 | 61 ft |
| 2730 CEDAR AVE S MINNEAPOLIS MN 55407 | JSW PROPERTIES LLC | RESIDENTIAL | $328,000 | 99 ft |
| 2712 CEDAR AVE S MINNEAPOLIS MN 55407 | ANGEL C GUACHICHULA ET AL | RESIDENTIAL | $401,400 | 119 ft |
| 2721 18TH AVE S MINNEAPOLIS MN 55407 | VU PROPERTIES LLC | RESIDENTIAL | $140,000 | 136 ft |
| 2732 CEDAR AVE S MINNEAPOLIS MN 55407 | ANDREW D GIBBS | RESIDENTIAL-TWO UNIT | $241,200 | 139 ft |
| 2725 18TH AVE S MINNEAPOLIS MN 55407 | S Y PARTRIDGE & J PARTRIDGE | RESIDENTIAL | $398,800 | 141 ft |
| 2717 18TH AVE S MINNEAPOLIS MN 55407 | JACOB PROPERTIES CORPORATION | RESIDENTIAL-TWO UNIT | $199,500 | 148 ft |
| 2729 18TH AVE S MINNEAPOLIS MN 55407 | RICHARD L DRETSCH | RESIDENTIAL | $199,000 | 169 ft |
| 2706 CEDAR AVE S MINNEAPOLIS MN 55407 | YU LI | RESIDENTIAL | $289,000 | 177 ft |
Most Recent Sale
Current Tax Year