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.
4 permits on record since 2012 · $132K total declared value · Most recent: Jun 2024 (existres)
Hoffman Refrigeration and Heating Ltd
CAPITAL CONSTRUCTION LLC
CAPITAL CONSTRUCTION LLC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,377 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2605 13TH AVE S MINNEAPOLIS MN 55407 | ALAMIN WAHILA | RESIDENTIAL | $383,800 | 48 ft |
| 2609 13TH AVE S MINNEAPOLIS MN 55407 | JAYMES DRIELING | RESIDENTIAL-TWO UNIT | $193,700 | 85 ft |
| 1311 26TH ST E MINNEAPOLIS MN 55404 | WAYNE T MEUCHEL | RESIDENTIAL | $133,300 | 98 ft |
| 2613 13TH AVE S MINNEAPOLIS MN 55407 | DIEGO ROMERO JARA | RESIDENTIAL-TWO UNIT | $271,500 | 119 ft |
| 2604 14TH AVE S MINNEAPOLIS MN 55407 | MERRICK ALFRE BORG | RESIDENTIAL | $315,000 | 146 ft |
| 2600 14TH AVE S MINNEAPOLIS MN 55407 | STEFANI J REXROTH | RESIDENTIAL-TWO UNIT | $213,900 | 161 ft |
| 2608 14TH AVE S MINNEAPOLIS MN 55407 | K GROVENDER/M E C GROVENDER | RESIDENTIAL | $305,000 | 161 ft |
| 2617 13TH AVE S MINNEAPOLIS MN 55407 | ROMEL OJEDA | RESIDENTIAL-TWO UNIT | $300,600 | 161 ft |
| 2600 13TH AVE S MINNEAPOLIS MN 55407 | JASON GUTAMA-JARA | RESIDENTIAL-TWO UNIT | $282,100 | 169 ft |
| 2612 14TH AVE S MINNEAPOLIS MN 55407 | LAWRENCE E KNUDSON | RESIDENTIAL | $202,900 | 184 ft |
Most Recent Sale
Current Tax Year