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.
1 permit on record since 2021 · Most recent: Feb 2021 (res)
CenterPoint Energy Resource Corp
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 2,630 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2721 14TH AVE S MINNEAPOLIS MN 55407 | S P SCHOUWEILER ETAL | RESIDENTIAL | $191,600 | 39 ft |
| 2725 14TH AVE S MINNEAPOLIS MN 55407 | ALLISON WELCH/ALEX PEDERSON | RESIDENTIAL | $249,600 | 40 ft |
| 2729 14TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | RESIDENTIAL | $195,000 | 77 ft |
| 2717 14TH AVE S MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | RESIDENTIAL | $215,700 | 88 ft |
| 2731 14TH AVE S MINNEAPOLIS MN 55407 | ANN PERROTTA | RESIDENTIAL | $182,000 | 111 ft |
| 2726 15TH AVE S MINNEAPOLIS MN 55407 | ST PAULS EVANG LUTH CHURCH | VACANT LAND-RESIDENTIAL | $0 | 142 ft |
| 2720 15TH AVE S MINNEAPOLIS MN 55407 | SILVINA MORALES CHAVEZ | RESIDENTIAL-TWO UNIT | $271,400 | 143 ft |
| 2713 14TH AVE S MINNEAPOLIS MN 55407 | ROBERTA M EBBERS | RESIDENTIAL | $274,300 | 148 ft |
| 2728 15TH AVE S MINNEAPOLIS MN 55407 | ST PAULS EVAN LTH CHRCH-MPLS | RESIDENTIAL | $0 | 153 ft |
| 2735 14TH AVE S MINNEAPOLIS MN 55407 | BOLD INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $332,900 | 154 ft |
Most Recent Sale
Current Tax Year