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.
5 permits on record since 2001 · $373K total declared value · Most recent: May 2022 (res)
Warners Stellian Co Inc
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Midtown Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
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 1,750 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2632 14TH AVE S MINNEAPOLIS MN 55407 | THOMAS SCOTT & AMANDA SCOTT | RESIDENTIAL | $198,700 | 30 ft |
| 2636 14TH AVE S MINNEAPOLIS MN 55407 | LILLY NGAN TRAN TRUST | RESIDENTIAL-TWO UNIT | $309,200 | 38 ft |
| 2630 14TH AVE S MINNEAPOLIS MN 55407 | CAG MINNESOTA FUND I LLC | RESIDENTIAL | $289,000 | 60 ft |
| 2640 14TH AVE S MINNEAPOLIS MN 55407 | K SCHMOLL & L SCHMOLL | RESIDENTIAL | $421,000 | 83 ft |
| 2628 14TH AVE S MINNEAPOLIS MN 55407 | JOSETH ERNESTO TOVAR CORTES | RESIDENTIAL-TWO UNIT | $243,200 | 89 ft |
| 2624 14TH AVE S MINNEAPOLIS MN 55407 | SARA M SMITH | RESIDENTIAL | $380,000 | 124 ft |
| 2642 14TH AVE S MINNEAPOLIS MN 55407 | C H ORTIZ & L M ORTIZ | RESIDENTIAL | $355,000 | 128 ft |
| 2635 13TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 141 ft |
| 2633 13TH AVE S MINNEAPOLIS MN 55407 | J HARRIS & A B HARRIS | RESIDENTIAL | $286,000 | 144 ft |
| 2639 13TH AVE S MINNEAPOLIS MN 55407 | T J RASMUSON ET AL FAM TRUST | RESIDENTIAL-TWO UNIT | $418,100 | 151 ft |
Most Recent Sale
Current Tax Year