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 2023 · Most recent: Mar 2023 (res)
TJK PLUMBING INC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,347 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2604 14TH AVE S MINNEAPOLIS MN 55407 | MERRICK ALFRE BORG | RESIDENTIAL | $315,000 | 46 ft |
| 1311 26TH ST E MINNEAPOLIS MN 55404 | WAYNE T MEUCHEL | RESIDENTIAL | $133,300 | 64 ft |
| 2608 14TH AVE S MINNEAPOLIS MN 55407 | K GROVENDER/M E C GROVENDER | RESIDENTIAL | $305,000 | 85 ft |
| 2612 14TH AVE S MINNEAPOLIS MN 55407 | LAWRENCE E KNUDSON | RESIDENTIAL | $202,900 | 126 ft |
| 2546 14TH AVE S MINNEAPOLIS MN 55404 | YOLANDA HERNANDEZ REVILLA TR | RESIDENTIAL | $366,000 | 131 ft |
| 2601 13TH AVE S MINNEAPOLIS MN 55407 | N ANDERSEN & L ANDERSEN | RESIDENTIAL | $318,000 | 161 ft |
| 2616 14TH AVE S MINNEAPOLIS MN 55407 | DAVID R NESTE ETAL SUBJ/L E | RESIDENTIAL | $273,000 | 166 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 168 ft |
| 2605 13TH AVE S MINNEAPOLIS MN 55407 | ALAMIN WAHILA | RESIDENTIAL | $383,800 | 170 ft |
| 2542 14TH AVE S MINNEAPOLIS MN 55404 | JOSE M R CORTEZANO | RESIDENTIAL | $226,300 | 183 ft |
Most Recent Sale
Current Tax Year