ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2005 · $357K total declared value · Most recent: Sep 2005 (binb)
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 2,021 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2923 16TH AVE S MINNEAPOLIS MN 55407 | CESAR CALDERON | RESIDENTIAL-TWO UNIT | $284,700 | 37 ft |
| 2917 16TH AVE S MINNEAPOLIS MN 55407 | MARIA I SERCAS-MARTINEZETAL | RESIDENTIAL | $229,200 | 37 ft |
| 2913 16TH AVE S MINNEAPOLIS MN 55407 | SONG BUN SEAK | LOW INCOME RENTAL | $217,700 | 77 ft |
| 2927 16TH AVE S MINNEAPOLIS MN 55407 | NATALY SANCHEZ | RESIDENTIAL | $187,000 | 78 ft |
| 2909 16TH AVE S MINNEAPOLIS MN 55407 | GALO A PINOS PENAFIEL | RESIDENTIAL-TWO UNIT | $268,600 | 117 ft |
| 2931 16TH AVE S MINNEAPOLIS MN 55407 | R J CZERNIK/L GUILLEN-GIVENS | RESIDENTIAL | $262,300 | 119 ft |
| 2916 17TH AVE S MINNEAPOLIS MN 55407 | ALBERTO LUIS MARTINEZ | RESIDENTIAL-TWO UNIT | $209,300 | 137 ft |
| 2924 17TH AVE S MINNEAPOLIS MN 55407 | E M B POMAVILLA & M B DUCHI | RESIDENTIAL | $285,900 | 138 ft |
| 2914 17TH AVE S MINNEAPOLIS MN 55407 | DAVID CLEMENTE PINEDA | RESIDENTIAL | $382,000 | 148 ft |
| 2928 17TH AVE S MINNEAPOLIS MN 55407 | RUBICEL JIMENEZ MAGANA | RESIDENTIAL | $367,000 | 155 ft |
Most Recent Sale
Current Tax Year