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 2024 · $30K total declared value · Most recent: May 2024 (roofwind)
Midwest Building Exteriors Inc
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
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 9,345 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2806 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARYAN GARAD | CONDOMINIUM | $239,000 | 0 ft |
| 2804 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MABELU WERUTAW | CONDOMINIUM | $232,000 | 0 ft |
| 2802 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FARHIYA MOHAMED | CONDOMINIUM | $226,000 | 0 ft |
| 1515 28TH ST E MINNEAPOLIS MN 55407 | S O MOHAMUD & A M FARAH | CONDOMINIUM | $249,000 | 0 ft |
| 1511 28TH ST E MINNEAPOLIS MN 55407 | CARLOS BECERRA CARRILLO SR | CONDOMINIUM | $221,000 | 0 ft |
| 2808 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CHRISTOPHER SEBAS | CONDOMINIUM | $221,000 | 0 ft |
| 2800 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RENAISSANCE AT 2800 OWN ASCN | COMMON AREA | $0 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2810 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $255,300 | 85 ft |
| MN | Unknown | — | — | 85 ft |
Most Recent Sale
Current Tax Year