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.
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
Residential Mixed-Use 1 — low-density mixed 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 2,659 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2825 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JINGHAN QU & HONGJIAN ZHANG | RESIDENTIAL | $204,900 | 41 ft |
| 2831 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | TRUY LE | RESIDENTIAL-TWO UNIT | $247,700 | 42 ft |
| 2821 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JINGHAN QU | RESIDENTIAL-TWO UNIT | $241,300 | 82 ft |
| 2819 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | IGNACIA MOROCHO YUPANGUI | RESIDENTIAL-TWO UNIT | $282,400 | 123 ft |
| 2830 16TH AVE S MINNEAPOLIS MN 55407 | DAVID R SINCHI | RESIDENTIAL | $415,000 | 135 ft |
| 2834 16TH AVE S MINNEAPOLIS MN 55407 | MARIANO BALBOA DUCHI | RESIDENTIAL-TWO UNIT | $238,200 | 141 ft |
| 2824 16TH AVE S MINNEAPOLIS MN 55407 | ANTONIO PARRA ALARCON | RESIDENTIAL | $217,400 | 142 ft |
| 2845 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | GREENWAY HEIGHTS LTD PRTNSHP | LOW INCOME RENTAL | $5,626,000 | 150 ft |
| 2838 16TH AVE S MINNEAPOLIS MN 55407 | RENE OVIDIO ANGEL | RESIDENTIAL | $204,000 | 159 ft |
| 2820 16TH AVE S MINNEAPOLIS MN 55407 | R C JIMENEZ & A G GUTIERREZ | RESIDENTIAL | $389,000 | 159 ft |
Most Recent Sale
Current Tax Year