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.
6 permits on record since 2017 · $34K total declared value · Most recent: Jun 2024 (misc)
Black Ladder Restoration LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Residential Heating and Air Conditioning Inc
AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI
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 2,573 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2821 16TH AVE S MINNEAPOLIS MN 55407 | E F TORRES & M L TORRES | RESIDENTIAL | $340,000 | 41 ft |
| 2829 16TH AVE S MINNEAPOLIS MN 55407 | MANZOOR A MOGHUL | RESIDENTIAL | $171,000 | 42 ft |
| 2815 16TH AVE S MINNEAPOLIS MN 55407 | JINNING QI | RESIDENTIAL-TWO UNIT | $287,200 | 82 ft |
| 2833 16TH AVE S MINNEAPOLIS MN 55407 | LAURA FRANCES DALE | RESIDENTIAL | $172,000 | 84 ft |
| 2813 16TH AVE S MINNEAPOLIS MN 55407 | N BRUCE SINGER | RESIDENTIAL | $199,000 | 123 ft |
| 2837 16TH AVE S MINNEAPOLIS MN 55407 | LAURA FRANCES DALE | VACANT LAND-RESIDENTIAL | $26,000 | 125 ft |
| 2824 17TH AVE S MINNEAPOLIS MN 55407 | YVONNE L HEMPHILL | RESIDENTIAL | $267,000 | 135 ft |
| 2828 17TH AVE S MINNEAPOLIS MN 55407 | BREANNA ENERSON | RESIDENTIAL | $246,700 | 141 ft |
| 2820 17TH AVE S MINNEAPOLIS MN 55407 | A G PEREZ & L PEREZ MARTINEZ | RESIDENTIAL | $273,000 | 141 ft |
| 2834 17TH AVE S MINNEAPOLIS MN 55407 | MICHAEL A HAYNES | RESIDENTIAL | $228,000 | 158 ft |
Most Recent Sale
Current Tax Year