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.
2 permits on record since 2021 · Most recent: Jun 2025 (res)
DEN-MARK PLUMBING INC
Admiral Radon & Mechanical Services LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
East Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1259
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 2,661 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2844 17TH AVE S MINNEAPOLIS MN 55407 | MARTIN ALVAREZ ALBARCA | RESIDENTIAL | $240,300 | 33 ft |
| 2836 17TH AVE S MINNEAPOLIS MN 55407 | MUQTAR MAXMUD | RESIDENTIAL | $254,000 | 42 ft |
| 2846 17TH AVE S MINNEAPOLIS MN 55407 | CARMEN HORTENCIA GOMEZ CALLE | RESIDENTIAL | $186,000 | 57 ft |
| 2834 17TH AVE S MINNEAPOLIS MN 55407 | MICHAEL A HAYNES | RESIDENTIAL | $228,000 | 84 ft |
| 2828 17TH AVE S MINNEAPOLIS MN 55407 | BREANNA ENERSON | RESIDENTIAL | $246,700 | 126 ft |
| 2841 16TH AVE S MINNEAPOLIS MN 55407 | ROBLE PROPERTIES LLC | LAND-COMMERCIAL | $88,100 | 135 ft |
| 2837 16TH AVE S MINNEAPOLIS MN 55407 | LAURA FRANCES DALE | VACANT LAND-RESIDENTIAL | $26,000 | 141 ft |
| 2845 16TH AVE S MINNEAPOLIS MN 55407 | ROBLE PROPERTIES LLC | COMMERCIAL-PREFERRED | $469,000 | 145 ft |
| 2833 16TH AVE S MINNEAPOLIS MN 55407 | LAURA FRANCES DALE | RESIDENTIAL | $172,000 | 159 ft |
| 2824 17TH AVE S MINNEAPOLIS MN 55407 | YVONNE L HEMPHILL | RESIDENTIAL | $267,000 | 167 ft |
Most Recent Sale
Current Tax Year