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.
3 permits on record since 2019 · $10K total declared value · Most recent: Aug 2020 (misc)
Precision Exteriors Restoration LLC
Linn Star Transfer Inc
THE HOME DEPOT
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 2,587 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2928 17TH AVE S MINNEAPOLIS MN 55407 | RUBICEL JIMENEZ MAGANA | RESIDENTIAL | $367,000 | 41 ft |
| 2936 17TH AVE S MINNEAPOLIS MN 55407 | VIRGINIA G SANCHEZ RAMIREZ | RESIDENTIAL | $233,500 | 41 ft |
| 2924 17TH AVE S MINNEAPOLIS MN 55407 | E M B POMAVILLA & M B DUCHI | RESIDENTIAL | $285,900 | 90 ft |
| 2931 16TH AVE S MINNEAPOLIS MN 55407 | R J CZERNIK/L GUILLEN-GIVENS | RESIDENTIAL | $262,300 | 135 ft |
| 2944 17TH AVE S MINNEAPOLIS MN 55407 | DREH LLC | APARTMENT | $4,675,000 | 135 ft |
| 2916 17TH AVE S MINNEAPOLIS MN 55407 | ALBERTO LUIS MARTINEZ | RESIDENTIAL-TWO UNIT | $209,300 | 139 ft |
| 2935 16TH AVE S MINNEAPOLIS MN 55407 | SHERZAD KORDIAN | RESIDENTIAL | $360,000 | 141 ft |
| 2927 16TH AVE S MINNEAPOLIS MN 55407 | NATALY SANCHEZ | RESIDENTIAL | $187,000 | 141 ft |
| 2923 16TH AVE S MINNEAPOLIS MN 55407 | CESAR CALDERON | RESIDENTIAL-TWO UNIT | $284,700 | 157 ft |
| 2939 16TH AVE S MINNEAPOLIS MN 55407 | ISUROON | LAND-COMMERCIAL | $0 | 158 ft |
Most Recent Sale
Current Tax Year