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
Residential Mixed-Use 1 — low-density mixed 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 2,891 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2740 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JAMES ANDREW JOHNSON | RESIDENTIAL | $163,200 | 43 ft |
| 2750 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | KHOSROW ROSTAMKHANI | COMMERCIAL-PREFERRED | $164,000 | 43 ft |
| 2734 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LESTER LUCAS HUINIL | RESIDENTIAL-TWO UNIT | $330,300 | 83 ft |
| 2732 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ARRA PROPERTIES LLC | TRIPLEX | $315,000 | 123 ft |
| 2747 15TH AVE S MINNEAPOLIS MN 55407 | FREDDY P LAZO ALVARADO | RESIDENTIAL-TWO UNIT | $262,600 | 142 ft |
| 2728 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | R M BAHENA & B D BAHENA | RESIDENTIAL | $207,000 | 163 ft |
| 2735 15TH AVE S MINNEAPOLIS MN 55407 | ST PAULS HOME INC | LOW INCOME RENTAL | $3,922,000 | 189 ft |
| 2741 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LURDES Y JARA-PUMA | RESIDENTIAL-TWO UNIT | $287,400 | 202 ft |
| 2745 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ALNAHRAYN LLC | RESIDENTIAL-TWO UNIT | $525,000 | 206 ft |
| 2737 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S ADKINS/J COWLEY/J KORSON | RESIDENTIAL | $300,000 | 206 ft |
Current Tax Year