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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
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 5,241 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2903 12TH AVE S MINNEAPOLIS MN 55407 | ABUBAKER AS-SADDIQUE ISL CTR | LAND-COMMERCIAL | $82,400 | 54 ft |
| 2913 12TH AVE S MINNEAPOLIS MN 55407 | NICOLETTE BRYANT | RESIDENTIAL | $278,300 | 56 ft |
| 2901 12TH AVE S MINNEAPOLIS MN 55407 | ABUBAKER AS-SADDIQUE ISL CTR | LAND-COMMERCIAL | $4,300 | 80 ft |
| 2917 12TH AVE S MINNEAPOLIS MN 55407 | SEGUNDO ROMERO | RESIDENTIAL-TWO UNIT | $284,100 | 98 ft |
| 2921 12TH AVE S MINNEAPOLIS MN 55407 | ALICIA C ANDRADE | RESIDENTIAL-TWO UNIT | $260,100 | 140 ft |
| 2908 13TH AVE S MINNEAPOLIS MN 55407 | AMADOR OCAMPO ZAMORA | RESIDENTIAL | $279,000 | 142 ft |
| 2900 13TH AVE S MINNEAPOLIS MN 55407 | HOBYO PROPERTIES LLC | COMMERCIAL-PREFERRED | $888,000 | 145 ft |
| 2853 12TH AVE S MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 149 ft |
| 2912 13TH AVE S MINNEAPOLIS MN 55407 | G P P BENAVIDES & J JARA | RESIDENTIAL | $328,000 | 151 ft |
| 2916 13TH AVE S MINNEAPOLIS MN 55407 | F M GUTIERREZ & J ORTIZ | RESIDENTIAL | $220,900 | 171 ft |
Most Recent Sale
Current Tax Year