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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
No permits found in Minneapolis open data for this parcel.
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 2,475 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2604 15TH AVE S MINNEAPOLIS MN 55407 | CLOVER CONSTANCE GALT | RESIDENTIAL-TWO UNIT | $278,000 | 41 ft |
| 2608 15TH AVE S MINNEAPOLIS MN 55407 | CLOVER C GALT | RESIDENTIAL | $270,100 | 82 ft |
| 2540 15TH AVE S MINNEAPOLIS MN 55404 | DAAD ADAR & BAHJO AHMED OMAR | RESIDENTIAL | $350,000 | 121 ft |
| 2612 15TH AVE S MINNEAPOLIS MN 55407 | CHRIS DANIEL | RESIDENTIAL | $336,000 | 124 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 143 ft |
| 2534 15TH AVE S MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 163 ft |
| 2609 14TH AVE S MINNEAPOLIS MN 55407 | JOHN M RICHARD | RESIDENTIAL | $243,800 | 164 ft |
| 2616 15TH AVE S MINNEAPOLIS MN 55407 | MAXWELL L COLLYARD ET AL | RESIDENTIAL | $280,900 | 165 ft |
| 2601 15TH AVE S MINNEAPOLIS MN 55407 | MIRIAN E MONCAYO FERNANDEZ | RESIDENTIAL | $352,000 | 185 ft |
| 2545 14TH AVE S MINNEAPOLIS MN 55404 | MANUEL CRUZ GUAMBANA | RESIDENTIAL | $244,900 | 186 ft |
Most Recent Sale
Current Tax Year