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.
2 permits on record since 2025 · $14K total declared value · Most recent: Jun 2025 (misc)
CARROLLS EXTERIOR REMODELING INC
Home Energy Center 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
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 2,744 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2612 14TH AVE S MINNEAPOLIS MN 55407 | LAWRENCE E KNUDSON | RESIDENTIAL | $202,900 | 41 ft |
| 2604 14TH AVE S MINNEAPOLIS MN 55407 | MERRICK ALFRE BORG | RESIDENTIAL | $315,000 | 42 ft |
| 2616 14TH AVE S MINNEAPOLIS MN 55407 | DAVID R NESTE ETAL SUBJ/L E | RESIDENTIAL | $273,000 | 82 ft |
| 2600 14TH AVE S MINNEAPOLIS MN 55407 | STEFANI J REXROTH | RESIDENTIAL-TWO UNIT | $213,900 | 85 ft |
| 1311 26TH ST E MINNEAPOLIS MN 55404 | WAYNE T MEUCHEL | RESIDENTIAL | $133,300 | 93 ft |
| 2620 14TH AVE S MINNEAPOLIS MN 55407 | HUMMINGBIRD REALTY LLC | RESIDENTIAL-TWO UNIT | $384,900 | 123 ft |
| 2609 13TH AVE S MINNEAPOLIS MN 55407 | JAYMES DRIELING | RESIDENTIAL-TWO UNIT | $193,700 | 141 ft |
| 2605 13TH AVE S MINNEAPOLIS MN 55407 | ALAMIN WAHILA | RESIDENTIAL | $383,800 | 144 ft |
| 2613 13TH AVE S MINNEAPOLIS MN 55407 | DIEGO ROMERO JARA | RESIDENTIAL-TWO UNIT | $271,500 | 147 ft |
| 2601 13TH AVE S MINNEAPOLIS MN 55407 | N ANDERSEN & L ANDERSEN | RESIDENTIAL | $318,000 | 161 ft |
Most Recent Sale
Current Tax Year