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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2935 16TH AVE S MINNEAPOLIS MN 55407 | SHERZAD KORDIAN | RESIDENTIAL | $360,000 | 41 ft |
| 2931 16TH AVE S MINNEAPOLIS MN 55407 | R J CZERNIK/L GUILLEN-GIVENS | RESIDENTIAL | $262,300 | 82 ft |
| 1600 LAKE ST E MINNEAPOLIS MN 55407 | ISUROON | COMMERCIAL-PREFERRED | $0 | 101 ft |
| 1604 LAKE ST E MINNEAPOLIS MN 55407 | THE SALVATION ARMY | COMMERCIAL-PREFERRED | $0 | 105 ft |
| 2927 16TH AVE S MINNEAPOLIS MN 55407 | NATALY SANCHEZ | RESIDENTIAL | $187,000 | 123 ft |
| 2936 17TH AVE S MINNEAPOLIS MN 55407 | VIRGINIA G SANCHEZ RAMIREZ | RESIDENTIAL | $233,500 | 141 ft |
| 2932 17TH AVE S MINNEAPOLIS MN 55407 | JANNAY XELYN CONTRARAS | RESIDENTIAL | $268,800 | 158 ft |
| 1552 LAKE ST E MINNEAPOLIS MN 55407 | DUR DUR BAKERY & GROCERY INC | COMMERCIAL-PREFERRED | $1,091,400 | 159 ft |
| 2944 17TH AVE S MINNEAPOLIS MN 55407 | DREH LLC | APARTMENT | $4,675,000 | 162 ft |
| 2923 16TH AVE S MINNEAPOLIS MN 55407 | CESAR CALDERON | RESIDENTIAL-TWO UNIT | $284,700 | 163 ft |
Most Recent Sale
Current Tax Year