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.
1 permit on record since 2023 · $11K total declared value · Most recent: Oct 2023 (misc)
Options Exteriors
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 2,447 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2920 14TH AVE S MINNEAPOLIS MN 55407 | VICTOR M ARIZA & SOYLA ARCE | LOW INCOME RENTAL | $184,700 | 34 ft |
| 2926 14TH AVE S MINNEAPOLIS MN 55407 | J L ANZURES & F JIMENEZ | RESIDENTIAL | $317,000 | 43 ft |
| 2918 14TH AVE S MINNEAPOLIS MN 55407 | DANIKA ZABERTINI | RESIDENTIAL | $212,900 | 77 ft |
| 2928 14TH AVE S MINNEAPOLIS MN 55407 | GREY HOUSE PROPERTIES LLC | RESIDENTIAL | $360,000 | 82 ft |
| 2914 14TH AVE S MINNEAPOLIS MN 55407 | CRISTOBAL R LANDI ET AL | RESIDENTIAL | $198,300 | 121 ft |
| 2929 13TH AVE S MINNEAPOLIS MN 55407 | JOSE ALVARADO/NIEVES RIERA | RESIDENTIAL | $216,500 | 142 ft |
| 2927 13TH AVE S MINNEAPOLIS MN 55407 | ZCW PROPERTIES LLC | RESIDENTIAL | $252,900 | 143 ft |
| 2912 14TH AVE S MINNEAPOLIS MN 55407 | C P GONZALEZ & R M G SANTOS | RESIDENTIAL | $149,100 | 150 ft |
| 2923 13TH AVE S MINNEAPOLIS MN 55407 | METRO 7 PROPERTIES LLC | RESIDENTIAL | $254,000 | 156 ft |
| 1312 LAKE ST E MINNEAPOLIS MN 55407 | ODELIA ORTEGA | COMMERCIAL-PREFERRED | $2,700,000 | 179 ft |
Most Recent Sale
Current Tax Year