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.
2 permits on record since 2020 · $25K total declared value · Most recent: Nov 2022 (existres)
CENTERPOINT ENERGY
WINDOW WORLD
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 2,842 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2825 18TH AVE S MINNEAPOLIS MN 55407 | SELAM TEKLE | RESIDENTIAL-TWO UNIT | $322,100 | 43 ft |
| 2815 18TH AVE S MINNEAPOLIS MN 55407 | MELISSA A MARJAMAA | RESIDENTIAL | $215,500 | 43 ft |
| 2827 18TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $188,200 | 90 ft |
| 2809 18TH AVE S MINNEAPOLIS MN 55407 | A K & L N YEBOAH | RESIDENTIAL-TWO UNIT | $298,000 | 101 ft |
| 2818 CEDAR AVE S MINNEAPOLIS MN 55407 | BEATRICE M GUSTAFSON ET AL | RESIDENTIAL | $165,500 | 137 ft |
| 2831 18TH AVE S MINNEAPOLIS MN 55407 | M L C CHISAG/J C C LASLUISA | RESIDENTIAL | $363,000 | 139 ft |
| 2814 CEDAR AVE S MINNEAPOLIS MN 55407 | BEATRICE M GUSTAFSON | VACANT LAND-APARTMENT | $56,600 | 144 ft |
| 2826 CEDAR AVE S MINNEAPOLIS MN 55407 | AHLU SUNNAH WAL JAMA AH CTR | COMMERCIAL-PREFERRED | $0 | 147 ft |
| 2812 CEDAR AVE S MINNEAPOLIS MN 55407 | CARLA J IRWIN | RESIDENTIAL-TWO UNIT | $144,200 | 157 ft |
| 2810 CEDAR AVE S MINNEAPOLIS MN 55407 | V M A PASTRANA & S M ARCE | LOW INCOME RENTAL | $144,600 | 172 ft |
Most Recent Sale
Current Tax Year