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.
2 permits on record since 2020 · $4K total declared value · Most recent: Jun 2020 (misc)
Old World Exteriors Inc
Old World Exteriors Inc
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 4,159 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2702 16TH AVE S MINNEAPOLIS MN 55407 | GREGORY M SCHULTZ | RESIDENTIAL-TWO UNIT | $283,500 | 50 ft |
| 2710 16TH AVE S MINNEAPOLIS MN 55407 | EDDY HARRY HENNEMAN | RESIDENTIAL-TWO UNIT | $307,600 | 53 ft |
| 2700 16TH AVE S MINNEAPOLIS MN 55407 | J F QUILLIGANA PUJOS | RESIDENTIAL | $354,000 | 90 ft |
| 2712 16TH AVE S MINNEAPOLIS MN 55407 | SHAWN PEARSON | RESIDENTIAL | $171,900 | 99 ft |
| 2705 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | PABLO I ARIAS | RESIDENTIAL-TWO UNIT | $194,700 | 136 ft |
| 2709 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FALMATU B DEDEFO | RESIDENTIAL-TWO UNIT | $229,900 | 137 ft |
| 2711 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | D BEGAY & A P BEGAY | RESIDENTIAL | $245,800 | 144 ft |
| 2703 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARIA CHIRIGUAYA RONQUILLO | RESIDENTIAL-TWO UNIT | $200,500 | 146 ft |
| 1601 27TH ST E MINNEAPOLIS MN 55407 | M L N CORREA & R G O BERNAL | RESIDENTIAL | $172,700 | 152 ft |
| 2716 16TH AVE S MINNEAPOLIS MN 55407 | ANGELA STEVENS | VACANT LAND-RESIDENTIAL | $17,000 | 154 ft |
Most Recent Sale
Current Tax Year