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.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,304 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2703 12TH AVE S MINNEAPOLIS MN 55407 | MARTIN R GUAMAN ALENCASTRO | RESIDENTIAL-TWO UNIT | $295,400 | 39 ft |
| 2709 12TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $342,000 | 79 ft |
| 2649 12TH AVE S MINNEAPOLIS MN 55407 | S R PEARSON & J E PEARSON | LOW INCOME RENTAL | $191,300 | 100 ft |
| 2711 12TH AVE S MINNEAPOLIS MN 55407 | SHELINA SYMONE WADE | RESIDENTIAL | $184,200 | 113 ft |
| 2702 13TH AVE S MINNEAPOLIS MN 55407 | JOSEFINA PROPERTIES LLC | COMMERCIAL-PREFERRED | $90,400 | 141 ft |
| 2713 12TH AVE S MINNEAPOLIS MN 55407 | ANTONIO JUAREZ DOMINGUEZ | RESIDENTIAL | $216,000 | 143 ft |
| 2643 12TH AVE S MINNEAPOLIS MN 55407 | ERIKA YOLANDA ROMERO PAGUAY | RESIDENTIAL-TWO UNIT | $324,500 | 145 ft |
| 2706 13TH AVE S MINNEAPOLIS MN 55407 | JOSEFINA PROPERTIES LLC | RESIDENTIAL | $34,000 | 151 ft |
| 2708 13TH AVE S MINNEAPOLIS MN 55407 | ALICE BRANDT | RESIDENTIAL | $258,600 | 163 ft |
| 2652 13TH AVE S MINNEAPOLIS MN 55407 | ROGER P HARRIS | RESIDENTIAL-TWO UNIT | $300,900 | 171 ft |
Most Recent Sale
Current Tax Year