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 2,562 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2813 15TH AVE S MINNEAPOLIS MN 55407 | SAID AHMED | RESIDENTIAL | $354,000 | 40 ft |
| 2801 15TH AVE S MINNEAPOLIS MN 55407 | MANUEL CRUZ LEMA LEMA | RESIDENTIAL-TWO UNIT | $294,700 | 64 ft |
| 1509 28TH ST E MINNEAPOLIS MN 55407 | V B MARTINEZ HERNANDEZ ET AL | RESIDENTIAL | $267,000 | 74 ft |
| 2817 15TH AVE S MINNEAPOLIS MN 55407 | MARTINE POLA | RESIDENTIAL-TWO UNIT | $323,900 | 81 ft |
| 2819 15TH AVE S MINNEAPOLIS MN 55407 | MINNEAPOLIS PARK & REC BOARD | VACANT LAND-RESIDENTIAL | $0 | 114 ft |
| 2823 15TH AVE S MINNEAPOLIS MN 55407 | MINNEAPOLIS PARK & REC BOARD | VACANT LAND-RESIDENTIAL | $0 | 141 ft |
| 2806 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARYAN GARAD | CONDOMINIUM | $239,000 | 142 ft |
| 2804 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MABELU WERUTAW | CONDOMINIUM | $232,000 | 142 ft |
| 2802 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FARHIYA MOHAMED | CONDOMINIUM | $226,000 | 142 ft |
| 2800 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MUNA GARAD | CONDOMINIUM | $235,000 | 142 ft |
Current Tax Year