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 2019 · $15K total declared value · Most recent: Aug 2019 (misc)
MINNEAPOLIS PUBLIC HOUSING AUTHORITY
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2712 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | VACANT LAND-RESIDENTIAL | $0 | 41 ft |
| 2704 14TH AVE S MINNEAPOLIS MN 55407 | ROYAL PROPERTIES INC | RESIDENTIAL | $417,000 | 49 ft |
| 2716 14TH AVE S MINNEAPOLIS MN 55407 | N J MANTHEY & J M H BROWN | RESIDENTIAL-TWO UNIT | $240,700 | 90 ft |
| 2700 14TH AVE S MINNEAPOLIS MN 55407 | M C L LEMA & J A L JARA | RESIDENTIAL-TWO UNIT | $265,200 | 99 ft |
| 2718 14TH AVE S MINNEAPOLIS MN 55407 | LUMON ANTHONY WILLIAMS | RESIDENTIAL | $176,700 | 140 ft |
| 2709 13TH AVE S MINNEAPOLIS MN 55407 | FARTUNE AHMED DEL ET AL | RESIDENTIAL | $347,000 | 141 ft |
| 2717 13TH AVE S MINNEAPOLIS MN 55407 | JULY TWENTY-THREE ET AL | RESIDENTIAL-TWO UNIT | $345,600 | 150 ft |
| 2705 13TH AVE S MINNEAPOLIS MN 55407 | J D SARMIENTO/M C GUASCO | RESIDENTIAL | $334,000 | 150 ft |
| 2701 13TH AVE S MINNEAPOLIS MN 55407 | SIRADH ALI | RESIDENTIAL | $366,000 | 169 ft |
| 2719 13TH AVE S MINNEAPOLIS MN 55407 | JOHN EDWARD ZULEGER | RESIDENTIAL | $169,900 | 173 ft |
Current Tax Year