Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 3,312 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2646 15TH AVE S MINNEAPOLIS MN 55407 | F D OSORIO & V M BAHENA | RESIDENTIAL | $229,000 | 40 ft |
| 2638 15TH AVE S MINNEAPOLIS MN 55407 | VICTOR TENECELA | RESIDENTIAL | $411,000 | 49 ft |
| 2650 15TH AVE S MINNEAPOLIS MN 55407 | JUANA M SIMBAINA MOROCHO | RESIDENTIAL-TWO UNIT | $247,300 | 73 ft |
| 2634 15TH AVE S MINNEAPOLIS MN 55407 | MANUEL ARMANDO SANTOS GUAMAN | RESIDENTIAL-TWO UNIT | $324,100 | 100 ft |
| 2652 15TH AVE S MINNEAPOLIS MN 55407 | CONNIE L RODACKER MERRELL | RESIDENTIAL | $149,000 | 107 ft |
| 2645 14TH AVE S MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 141 ft |
| 2639 14TH AVE S MINNEAPOLIS MN 55407 | NILO R MUNOZ | RESIDENTIAL-TWO UNIT | $300,400 | 145 ft |
| 2649 14TH AVE S MINNEAPOLIS MN 55407 | A AHMED & L HAJI | RESIDENTIAL-ZERO LOT LINE | $313,200 | 147 ft |
| 2628 15TH AVE S MINNEAPOLIS MN 55407 | J C CHIMBORAZO/M A P GUAMAN | RESIDENTIAL-TWO UNIT | $336,100 | 149 ft |
| 2653 14TH AVE S MINNEAPOLIS MN 55407 | AHMED JAMA & HAWA EGAL | RESIDENTIAL-ZERO LOT LINE | $311,300 | 157 ft |
Most Recent Sale
Current Tax Year