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 2000 · $270K total declared value · Most recent: Nov 2000 (binb)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,925 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2718 18TH AVE S MINNEAPOLIS MN 55407 | SERNEE LLC | APARTMENT | $579,000 | 52 ft |
| 2726 18TH AVE S MINNEAPOLIS MN 55407 | CECELIA SKIPINTHEDAY | RESIDENTIAL | $215,000 | 55 ft |
| 2714 18TH AVE S MINNEAPOLIS MN 55407 | JESSICA P LUNA OLIVEROS ETAL | RESIDENTIAL | $388,000 | 103 ft |
| 2730 18TH AVE S MINNEAPOLIS MN 55407 | A M VANGSNESS/C Y L MORALES | RESIDENTIAL | $347,000 | 108 ft |
| 2725 17TH AVE S MINNEAPOLIS MN 55407 | DAVID F INGOLD | RESIDENTIAL | $280,400 | 135 ft |
| 2717 17TH AVE S MINNEAPOLIS MN 55407 | FATIMA RIVERA GUTIERREZ | RESIDENTIAL | $208,800 | 143 ft |
| 2708 18TH AVE S MINNEAPOLIS MN 55407 | DWAINE G OLSON | RESIDENTIAL | $185,100 | 146 ft |
| 2734 18TH AVE S MINNEAPOLIS MN 55407 | AMANDA YOURD | RESIDENTIAL | $276,900 | 148 ft |
| 2727 17TH AVE S MINNEAPOLIS MN 55407 | RE INTEGRITY HOUSING LLC | RESIDENTIAL-TWO UNIT | $316,000 | 152 ft |
| 2715 17TH AVE S MINNEAPOLIS MN 55407 | ANGEL V SALINAS ZHUNIO | RESIDENTIAL | $275,000 | 162 ft |
Most Recent Sale
Current Tax Year