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 2000 · $272K total declared value · Most recent: Apr 2024 (misc)
Julio Chango Lasluisa
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 3,259 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2827 18TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $188,200 | 49 ft |
| 2837 18TH AVE S MINNEAPOLIS MN 55407 | BUILDCRAFT LLC | COMMERCIAL-PREFERRED | $479,000 | 66 ft |
| 2825 18TH AVE S MINNEAPOLIS MN 55407 | SELAM TEKLE | RESIDENTIAL-TWO UNIT | $322,100 | 95 ft |
| 2830 CEDAR AVE S MINNEAPOLIS MN 55407 | ALATYR PROPERTIES LLC | COMMERCIAL-PREFERRED | $0 | 137 ft |
| 2821 18TH AVE S MINNEAPOLIS MN 55407 | B G HANUMAN & S V HANUMAN | RESIDENTIAL | $219,000 | 139 ft |
| 2826 CEDAR AVE S MINNEAPOLIS MN 55407 | AHLU SUNNAH WAL JAMA AH CTR | COMMERCIAL-PREFERRED | $0 | 159 ft |
| 2839 18TH AVE S MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 161 ft |
| 2815 18TH AVE S MINNEAPOLIS MN 55407 | MELISSA A MARJAMAA | RESIDENTIAL | $215,500 | 182 ft |
| 2826 18TH AVE S MINNEAPOLIS MN 55407 | T XIONG/B H XIONG/P M YANG | RESIDENTIAL-TWO UNIT | $296,200 | 186 ft |
| 2824 18TH AVE S MINNEAPOLIS MN 55407 | FILIBERTO ONOFRE | RESIDENTIAL | $370,000 | 192 ft |
Most Recent Sale
Current Tax Year