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.
4 permits on record since 2023 · Most recent: Mar 2026 (existres)
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
CenterPoint Energy Resource Corp
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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 3,305 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2810 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $255,300 | 46 ft |
| MN | Unknown | — | — | 46 ft |
| 2820 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | PABLO I ARIAS | RESIDENTIAL-TWO UNIT | $309,200 | 61 ft |
| 2826 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARITZA A TAPIA SEGARRA | RESIDENTIAL | $172,000 | 116 ft |
| 2806 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARYAN GARAD | CONDOMINIUM | $239,000 | 131 ft |
| 2804 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MABELU WERUTAW | CONDOMINIUM | $232,000 | 131 ft |
| 2802 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FARHIYA MOHAMED | CONDOMINIUM | $226,000 | 131 ft |
| 2800 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MUNA GARAD | CONDOMINIUM | $235,000 | 131 ft |
| 1515 28TH ST E MINNEAPOLIS MN 55407 | S O MOHAMUD & A M FARAH | CONDOMINIUM | $249,000 | 131 ft |
| 1511 28TH ST E MINNEAPOLIS MN 55407 | CARLOS BECERRA CARRILLO SR | CONDOMINIUM | $221,000 | 131 ft |
Most Recent Sale
Current Tax Year