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 ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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: Jan 2021 (res)
Farr Plumbing and Heating LLC
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 1,400 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2731 16TH AVE S MINNEAPOLIS MN 55407 | SAFIYA GULED | RESIDENTIAL-ZERO LOT LINE | $165,000 | 27 ft |
| 2735 16TH AVE S MINNEAPOLIS MN 55407 | JOY LOTT | RESIDENTIAL-ZERO LOT LINE | $176,700 | 27 ft |
| 2729 16TH AVE S MINNEAPOLIS MN 55407 | FOUNDING BRICKS INC | RESIDENTIAL-ZERO LOT LINE | $163,500 | 54 ft |
| 2737 16TH AVE S MINNEAPOLIS MN 55407 | ISMAIL ALI MOHAMED | RESIDENTIAL-ZERO LOT LINE | $163,500 | 54 ft |
| 2727 16TH AVE S MINNEAPOLIS MN 55407 | HODAN MOHAMED MOHAMUD | RESIDENTIAL-ZERO LOT LINE | $163,500 | 81 ft |
| 2739 16TH AVE S MINNEAPOLIS MN 55407 | S R RENTALS LLC | RESIDENTIAL | $255,200 | 93 ft |
| 2723 16TH AVE S MINNEAPOLIS MN 55407 | MEREDITH LUM | RESIDENTIAL | $302,500 | 115 ft |
| 2734 17TH AVE S MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $164,900 | 136 ft |
| 2736 17TH AVE S MINNEAPOLIS MN 55407 | KATRINA KAISER | RESIDENTIAL-ZERO LOT LINE | $222,700 | 138 ft |
| 2732 17TH AVE S MINNEAPOLIS MN 55407 | J AND M HOMES II LLC | LOW INCOME RENTAL | $164,900 | 139 ft |
Most Recent Sale
Current Tax Year