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 2005 · $49K total declared value · Most recent: Apr 2021 (commfdrr)
Faircon Service Co
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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1542 LAKE ST E MINNEAPOLIS MN 55407 | CHUNG DANG | COMMERCIAL-PREFERRED | $314,000 | 63 ft |
| 1540 LAKE ST E MINNEAPOLIS MN 55407 | CHUNG DANG | COMMERCIAL-PREFERRED | $212,000 | 81 ft |
| 1536 LAKE ST E MINNEAPOLIS MN 55407 | TCP HOLDINGS LLC | COMMERCIAL-PREFERRED | $602,000 | 109 ft |
| 1600 LAKE ST E MINNEAPOLIS MN 55407 | ISUROON | COMMERCIAL-PREFERRED | $0 | 124 ft |
| 2930 16TH AVE S MINNEAPOLIS MN 55407 | ERICK DIAZ CONTRERAS | RESIDENTIAL-TWO UNIT | $221,700 | 133 ft |
| 2939 16TH AVE S MINNEAPOLIS MN 55407 | ISUROON | LAND-COMMERCIAL | $0 | 159 ft |
| 2926 16TH AVE S MINNEAPOLIS MN 55407 | MARCO V & NUBE M ROMERO | RESIDENTIAL | $370,000 | 167 ft |
| 1530 LAKE ST E MINNEAPOLIS MN 55407 | FRANKLIN ZOU LLC | COMMERCIAL-PREFERRED | $720,000 | 168 ft |
| 2941 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | 2519 ST LLC | RESIDENTIAL | $421,000 | 169 ft |
| 2935 16TH AVE S MINNEAPOLIS MN 55407 | SHERZAD KORDIAN | RESIDENTIAL | $360,000 | 173 ft |