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.
No permits found in Minneapolis open data for this parcel.
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 2,576 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2615 15TH AVE S MINNEAPOLIS MN 55407 | MAXIMINO CRUZ | RESIDENTIAL | $198,000 | 41 ft |
| 2605 15TH AVE S MINNEAPOLIS MN 55407 | HAWA H IBRHIM | RESIDENTIAL | $208,200 | 41 ft |
| 2617 15TH AVE S MINNEAPOLIS MN 55407 | G A ROSAS & E B ORTEGA | RESIDENTIAL | $219,500 | 82 ft |
| 2601 15TH AVE S MINNEAPOLIS MN 55407 | MIRIAN E MONCAYO FERNANDEZ | RESIDENTIAL | $352,000 | 82 ft |
| 2621 15TH AVE S MINNEAPOLIS MN 55407 | W S BATSON & M M BATSON | RESIDENTIAL | $248,600 | 124 ft |
| 2608 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RANDY'S INTERIORS/RESTAURANT | COMMERCIAL-PREFERRED | $630,000 | 137 ft |
| 2600 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ELAINE G PEARSON | LOW INCOME RENTAL | $1,640,000 | 150 ft |
| 2616 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FAHMI O KATABAY | TRIPLEX | $312,600 | 158 ft |
| 2625 15TH AVE S MINNEAPOLIS MN 55407 | BELLA FLOR BUNAY ORDONEZ | RESIDENTIAL-TWO UNIT | $305,600 | 166 ft |
| 2620 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JOSE FERNANDO GONZALEZ | RESIDENTIAL-TWO UNIT | $267,100 | 183 ft |
Most Recent Sale
Current Tax Year