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.
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 2,981 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1201 28TH ST E MINNEAPOLIS MN 55407 | M A MALDONADO & P CASTRO | RESIDENTIAL | $245,200 | 42 ft |
| 1211 28TH ST E MINNEAPOLIS MN 55407 | G J BERENDT & J D BERENDT | RESIDENTIAL | $172,700 | 42 ft |
| 1215 28TH ST E MINNEAPOLIS MN 55407 | MICHAEL J RILEY | RESIDENTIAL | $107,500 | 101 ft |
| 1219 28TH ST E MINNEAPOLIS MN 55407 | J JESUS & XIOMARA Y GARCIA | RESIDENTIAL | $204,500 | 143 ft |
| 2808 13TH AVE S MINNEAPOLIS MN 55407 | R S JONES JR & B B JONES | RESIDENTIAL | $208,700 | 148 ft |
| 2812 13TH AVE S MINNEAPOLIS MN 55407 | MOHAMED A OMARXEYD | RESIDENTIAL | $285,800 | 165 ft |
| 2747 12TH AVE S MINNEAPOLIS MN 55407 | SPECIAL SCHOOL DISTRICT NO 1 | LAND-COMMERCIAL | $0 | 170 ft |
| 2800 12TH AVE S MINNEAPOLIS MN 55407 | MINNEAPOLIS PUBLIC SCHOOLS | LAND-COMMERCIAL | $0 | 177 ft |
| 1221 28TH ST E MINNEAPOLIS MN 55407 | ANGELICA GUTIERREZ DIEGO | RESIDENTIAL | $159,000 | 185 ft |
| 2806 12TH AVE S MINNEAPOLIS MN 55407 | R KINDE & S R KANTAMNENI | RESIDENTIAL-TWO UNIT | $300,700 | 190 ft |
Most Recent Sale
Current Tax Year