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 ↗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 ↗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 4,188 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2827 14TH AVE S MINNEAPOLIS MN 55407 | A O MENDOZA & C J TOLEDANO | RESIDENTIAL | $283,600 | 43 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 79 ft |
| 2823 14TH AVE S MINNEAPOLIS MN 55407 | JOSIAH D YOUNG/ANYA M YOUNG | RESIDENTIAL | $289,700 | 86 ft |
| 2819 14TH AVE S MINNEAPOLIS MN 55407 | ABDULQADIR MOHAMED | VACANT LAND-RESIDENTIAL | $44,000 | 130 ft |
| 2828 15TH AVE S MINNEAPOLIS MN 55407 | LUIS REYES | RESIDENTIAL-TWO UNIT | $261,000 | 142 ft |
| 2832 15TH AVE S MINNEAPOLIS MN 55407 | A GAYRE & N YUSUF | RESIDENTIAL | $288,200 | 144 ft |
| 2826 15TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY SCOTT SPRINGER | VACANT LAND-RESIDENTIAL | $11,000 | 148 ft |
| 2835 14TH AVE S MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 158 ft |
| 2817 14TH AVE S MINNEAPOLIS MN 55407 | FADUMO AHMED | VACANT LAND-RESIDENTIAL | $43,000 | 159 ft |
| 2834 15TH AVE S MINNEAPOLIS MN 55407 | J ROSENBERG/R VARSHAVSKAYA | TRIPLEX | $474,000 | 165 ft |
Most Recent Sale
Current Tax Year