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 2023 · $82K total declared value · Most recent: Nov 2023 (res)
CHAMPION PLUMBING LLC
LIBERTE CONSTRUCTION LLC
LIBERTE CONSTRUCTION LLC
LIBERTE CONSTRUCTION LLC
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 3,384 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2824 18TH AVE S MINNEAPOLIS MN 55407 | FILIBERTO ONOFRE | RESIDENTIAL | $370,000 | 48 ft |
| 2832 18TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY S SPRINGER | RESIDENTIAL | $297,000 | 48 ft |
| 2822 18TH AVE S MINNEAPOLIS MN 55407 | RE INTEGRITY HOUSING LLC | RESIDENTIAL-TWO UNIT | $200,800 | 86 ft |
| 2836 18TH AVE S MINNEAPOLIS MN 55407 | TIM SPRINGER | RESIDENTIAL | $241,000 | 96 ft |
| 2820 18TH AVE S MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 115 ft |
| 2829 17TH AVE S MINNEAPOLIS MN 55407 | ROBERT L GRUNKE & MARY ALLEN | RESIDENTIAL | $213,700 | 130 ft |
| 2833 17TH AVE S MINNEAPOLIS MN 55407 | M & J LOUD | RESIDENTIAL | $186,000 | 138 ft |
| 2825 17TH AVE S MINNEAPOLIS MN 55407 | GILBERTO PALMA | RESIDENTIAL | $181,700 | 138 ft |
| 2818 18TH AVE S MINNEAPOLIS MN 55407 | JSW PROPERTIES LLC | RESIDENTIAL | $162,000 | 143 ft |
| 2837 17TH AVE S MINNEAPOLIS MN 55407 | TIM SPRINGER | RESIDENTIAL | $195,000 | 161 ft |
Most Recent Sale
Current Tax Year