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 ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
2 permits on record since 2004 · $328K total declared value · Most recent: Feb 2017 (misc)
Dana Paucar
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
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 2,267 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2810 15TH AVE S MINNEAPOLIS MN 55407 | HONEYBEE INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $300,800 | 35 ft |
| 2800 15TH AVE S MINNEAPOLIS MN 55407 | GOLDEN INVESTMENTS LLC | RESIDENTIAL | $222,900 | 52 ft |
| 1413 28TH ST E MINNEAPOLIS MN 55407 | DANA PAUCAR | VACANT LAND-RESIDENTIAL | $3,000 | 66 ft |
| 2812 15TH AVE S MINNEAPOLIS MN 55407 | JANA L METGE | RESIDENTIAL | $205,100 | 70 ft |
| 1407 28TH ST E MINNEAPOLIS MN 55407 | INES M L SANCHEZ & R M NIETO | LOW INCOME RENTAL | $279,400 | 100 ft |
| 2820 15TH AVE S MINNEAPOLIS MN 55407 | TIM SPRINGER | RESIDENTIAL | $79,000 | 122 ft |
| 1403 28TH ST E MINNEAPOLIS MN 55407 | JOSE CLEVER BENAVIDES NAULA | RESIDENTIAL-TWO UNIT | $268,000 | 143 ft |
| 2813 14TH AVE S MINNEAPOLIS MN 55407 | INES M LAZO | LOW INCOME RENTAL | $195,500 | 151 ft |
| 2815 14TH AVE S MINNEAPOLIS MN 55407 | STEVEN F MELDAHL TRUSTEE | RESIDENTIAL | $66,000 | 164 ft |
| 2801 15TH AVE S MINNEAPOLIS MN 55407 | MANUEL CRUZ LEMA LEMA | RESIDENTIAL-TWO UNIT | $294,700 | 169 ft |
Most Recent Sale
Current Tax Year