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.
1 permit on record since 2020 · Most recent: May 2020 (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
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 sfr / adu benchmarks for 834 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2705 17TH AVE S MINNEAPOLIS MN 55407 | ZANZIBAR FINANCING INC | RESIDENTIAL | $174,000 | 20 ft |
| 2709 17TH AVE S MINNEAPOLIS MN 55407 | T F JENNINGS & J JENNINGS | RESIDENTIAL | $172,100 | 28 ft |
| 2701 17TH AVE S MINNEAPOLIS MN 55407 | SAMANTHA WRIGHT | RESIDENTIAL | $285,000 | 50 ft |
| 2713 17TH AVE S MINNEAPOLIS MN 55407 | C H & C E ORTHMANN ET AL | RESIDENTIAL | $213,700 | 61 ft |
| 2715 17TH AVE S MINNEAPOLIS MN 55407 | ANGEL V SALINAS ZHUNIO | RESIDENTIAL | $275,000 | 95 ft |
| 2704 18TH AVE S MINNEAPOLIS MN 55407 | JOSE LUIS VILLASENOR | RESIDENTIAL | $202,200 | 135 ft |
| 2717 17TH AVE S MINNEAPOLIS MN 55407 | FATIMA RIVERA GUTIERREZ | RESIDENTIAL | $208,800 | 139 ft |
| 2708 18TH AVE S MINNEAPOLIS MN 55407 | DWAINE G OLSON | RESIDENTIAL | $185,100 | 141 ft |
| 2700 18TH AVE S MINNEAPOLIS MN 55407 | DANIEL M JAFFE ET AL | RESIDENTIAL | $176,700 | 144 ft |
| 2645 17TH AVE S MINNEAPOLIS MN 55407 | SAMSON NJOGU/ROSEMARY NJOGU | RESIDENTIAL | $317,000 | 155 ft |
Most Recent Sale
Current Tax Year