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
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 3,060 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2641 13TH AVE S MINNEAPOLIS MN 55407 | T & P OLSON | RESIDENTIAL-TWO UNIT | $246,700 | 38 ft |
| 2635 13TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 45 ft |
| 2633 13TH AVE S MINNEAPOLIS MN 55407 | J HARRIS & A B HARRIS | RESIDENTIAL | $286,000 | 82 ft |
| 2651 13TH AVE S MINNEAPOLIS MN 55407 | MARK D GERLACH | RESIDENTIAL | $320,000 | 83 ft |
| 2631 13TH AVE S MINNEAPOLIS MN 55407 | OWEN SAMSE & SHOSIE SAMSE | RESIDENTIAL | $209,200 | 126 ft |
| 1310 27TH ST E MINNEAPOLIS MN 55407 | DELIA N MOROCHO | RESIDENTIAL-TWO UNIT | $212,600 | 128 ft |
| 2636 14TH AVE S MINNEAPOLIS MN 55407 | LILLY NGAN TRAN TRUST | RESIDENTIAL-TWO UNIT | $309,200 | 142 ft |
| 2640 14TH AVE S MINNEAPOLIS MN 55407 | K SCHMOLL & L SCHMOLL | RESIDENTIAL | $421,000 | 144 ft |
| 2634 14TH AVE S MINNEAPOLIS MN 55407 | UHW R:R III LLC | RESIDENTIAL-TWO UNIT | $310,800 | 151 ft |
| 2642 14TH AVE S MINNEAPOLIS MN 55407 | C H ORTIZ & L M ORTIZ | RESIDENTIAL | $355,000 | 159 ft |
Most Recent Sale
Current Tax Year