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.
4 permits on record since 2017 · $13K total declared value · Most recent: Jun 2023 (remodel)
ALL ENERGY SOLAR INC
UPTOWN PLUMBING HEATING AND COOLING
Roy Dalbec and Son Roofing Inc
Urban Pine Plumbing and Mechanical 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 2,564 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2629 12TH AVE S MINNEAPOLIS MN 55407 | E SCHMITTER & T SCHMITTER | RESIDENTIAL-TWO UNIT | $331,100 | 35 ft |
| 2635 12TH AVE S MINNEAPOLIS MN 55407 | A L BIRT & H-C J KARLBERG | VACANT LAND-RESIDENTIAL | $42,000 | 39 ft |
| 2627 12TH AVE S MINNEAPOLIS MN 55407 | CLAUDIA SLOVACEK | RESIDENTIAL | $149,000 | 66 ft |
| 2639 12TH AVE S MINNEAPOLIS MN 55407 | PATRICIA A RYDEEN | RESIDENTIAL | $236,900 | 79 ft |
| 2625 12TH AVE S MINNEAPOLIS MN 55407 | JEFFREY J & MELANIE C FISHER | RESIDENTIAL | $264,700 | 102 ft |
| 2641 12TH AVE S MINNEAPOLIS MN 55407 | M A S MIRANDA & P C BRUNO | RESIDENTIAL-TWO UNIT | $311,700 | 113 ft |
| 2634 13TH AVE S MINNEAPOLIS MN 55407 | STEVEN F MELDAHL | RESIDENTIAL | $118,000 | 141 ft |
| 2621 12TH AVE S MINNEAPOLIS MN 55407 | S D Z LOJA & M N L QUIZHPI | RESIDENTIAL-TWO UNIT | $368,900 | 143 ft |
| 2636 13TH AVE S MINNEAPOLIS MN 55407 | ROSA ELISA ALVARADO | RESIDENTIAL | $157,000 | 143 ft |
| 2630 13TH AVE S MINNEAPOLIS MN 55407 | LINDA RATKA | RESIDENTIAL-TWO UNIT | $266,800 | 146 ft |
Most Recent Sale
Current Tax Year