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.
4 permits on record since 2020 · $17K total declared value · Most recent: Jun 2025 (res)
Riser Plumbing Inc
Riser Plumbing Inc
BAYVISTA INC
CenterPoint Energy Resource Corp
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 4,264 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2813 17TH AVE S MINNEAPOLIS MN 55407 | ASHRAF M MUGHAL | RESIDENTIAL | $203,000 | 58 ft |
| 2801 17TH AVE S MINNEAPOLIS MN 55407 | MIGUEL A ZUNA | RESIDENTIAL-TWO UNIT | $208,700 | 61 ft |
| 1711 28TH ST E MINNEAPOLIS MN 55407 | LUIS M CUZCO | RESIDENTIAL | $134,000 | 71 ft |
| 2817 17TH AVE S MINNEAPOLIS MN 55407 | DELIA GARCIA | RESIDENTIAL | $332,800 | 115 ft |
| 2806 18TH AVE S MINNEAPOLIS MN 55407 | E MANUEL AYAVACA SANCHEZ | RESIDENTIAL | $151,000 | 129 ft |
| 2802 18TH AVE S MINNEAPOLIS MN 55407 | JESSIE M & MARIA C SAAVEDRA | RESIDENTIAL | $201,000 | 137 ft |
| 2812 18TH AVE S MINNEAPOLIS MN 55407 | VIANEY & FRANCISCO MARTINEZ | RESIDENTIAL | $194,000 | 141 ft |
| 2800 18TH AVE S MINNEAPOLIS MN 55407 | DALE A THOMAS | RESIDENTIAL | $255,000 | 148 ft |
| 2816 18TH AVE S MINNEAPOLIS MN 55407 | THOMAS S GARDNER ETAL | RESIDENTIAL | $95,000 | 164 ft |
| 2821 17TH AVE S MINNEAPOLIS MN 55407 | RUSSELL J SCHREYER | RESIDENTIAL | $225,100 | 173 ft |
Most Recent Sale
Current Tax Year