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 ↗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 ↗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 ↗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.
3 permits on record since 2006 · $372K total declared value · Most recent: Jul 2023 (misc)
Options Exteriors
Residential Heating and Air Conditioning Inc
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 1,795 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2930 16TH AVE S MINNEAPOLIS MN 55407 | ERICK DIAZ CONTRERAS | RESIDENTIAL-TWO UNIT | $221,700 | 34 ft |
| 2924 16TH AVE S MINNEAPOLIS MN 55407 | MANUEL C GUAMBANA ET AL | RESIDENTIAL | $305,000 | 36 ft |
| 2920 16TH AVE S MINNEAPOLIS MN 55407 | JOVITA ACEVEDO CRUZ | RESIDENTIAL | $212,900 | 73 ft |
| 2916 16TH AVE S MINNEAPOLIS MN 55407 | ABEL MARTINEZ | RESIDENTIAL-TWO UNIT | $248,300 | 110 ft |
| 2929 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RED LK BAND CHIPPEWA INDIANS | COMMERCIAL-PREFERRED | $653,000 | 135 ft |
| 1542 LAKE ST E MINNEAPOLIS MN 55407 | CHUNG DANG | COMMERCIAL-PREFERRED | $314,000 | 137 ft |
| 2931 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RED LAKE BAND/CHIPPEWA INDS | LAND-COMMERCIAL | $0 | 143 ft |
| 2912 16TH AVE S MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | — | $415,000 | 150 ft |
| 2937 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RED LAKE BAND/CHIPPEWA INDS | LAND-COMMERCIAL | $0 | 161 ft |
| 1552 LAKE ST E MINNEAPOLIS MN 55407 | DUR DUR BAKERY & GROCERY INC | COMMERCIAL-PREFERRED | $1,091,400 | 167 ft |
Most Recent Sale
Current Tax Year