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.
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 |
|---|---|---|---|---|
| 2828 15TH AVE S MINNEAPOLIS MN 55407 | LUIS REYES | RESIDENTIAL-TWO UNIT | $261,000 | 43 ft |
| 2834 15TH AVE S MINNEAPOLIS MN 55407 | J ROSENBERG/R VARSHAVSKAYA | TRIPLEX | $474,000 | 58 ft |
| 2826 15TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY SCOTT SPRINGER | VACANT LAND-RESIDENTIAL | $11,000 | 72 ft |
| 2840 15TH AVE S MINNEAPOLIS MN 55407 | DAYSI QUINTUNA LLAPA | RESIDENTIAL | $148,300 | 101 ft |
| 2822 15TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY SCOTT SPRINGER | VACANT LAND-RESIDENTIAL | $41,000 | 116 ft |
| 2835 15TH AVE S MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 130 ft |
| 2831 14TH AVE S MINNEAPOLIS MN 55407 | DENNY L BETTCHER | RESIDENTIAL-TWO UNIT | $144,900 | 144 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 150 ft |
| 2827 14TH AVE S MINNEAPOLIS MN 55407 | A O MENDOZA & C J TOLEDANO | RESIDENTIAL | $283,600 | 158 ft |
| 2820 15TH AVE S MINNEAPOLIS MN 55407 | TIM SPRINGER | RESIDENTIAL | $79,000 | 179 ft |
Most Recent Sale
Current Tax Year