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 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 3,750 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2630 16TH AVE S MINNEAPOLIS MN 55407 | STEPHEN GREGG | RESIDENTIAL | $229,900 | 63 ft |
| 2618 16TH AVE S MINNEAPOLIS MN 55407 | N M SIMAT & S N WINTER | RESIDENTIAL-TWO UNIT | $321,900 | 75 ft |
| 2636 16TH AVE S MINNEAPOLIS MN 55407 | JEFFREY R SPRINKEL | RESIDENTIAL | $345,000 | 117 ft |
| 2625 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | C L DARRISAW & H L DARRISAW | RESIDENTIAL-TWO UNIT | $362,800 | 143 ft |
| 2621 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | PATRICK LADWIG | RESIDENTIAL | $306,600 | 144 ft |
| 2612 16TH AVE S MINNEAPOLIS MN 55407 | CHRISTINE S ANDERSON | RESIDENTIAL | $266,900 | 147 ft |
| 2642 16TH AVE S MINNEAPOLIS MN 55407 | 2642 16TH LLC | RESIDENTIAL-TWO UNIT | $241,700 | 165 ft |
| 2625 16TH AVE S MINNEAPOLIS MN 55407 | JOSE CARCHI | RESIDENTIAL | $245,600 | 183 ft |
| 2619 16TH AVE S MINNEAPOLIS MN 55407 | JORGE G & PAOLA RIERA | RESIDENTIAL | $371,700 | 190 ft |
| 2633 16TH AVE S MINNEAPOLIS MN 55407 | RM ORTIZ PROPERTIES LLC | RESIDENTIAL | $210,700 | 191 ft |
Most Recent Sale
Current Tax Year