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.
1 permit on record since 2022 · $8K total declared value · Most recent: Aug 2022 (addition)
AMEK CUSTOM BUILDERS INC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 10,684 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | NATALY SANCHEZ | CONDOMINIUM | $170,300 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | BEN BELKNAP | CONDOMINIUM | $154,000 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | HANI A MOHAMED | CONDOMINIUM | $148,900 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | LUKE BIRTZER | CONDOMINIUM | $136,700 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | HODAN MOHAMED MOHAMUD | CONDOMINIUM | $173,400 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | PATRICK M FLEETHAM | CONDOMINIUM | $143,800 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | ERICK SOTO JUAREZ | CONDOMINIUM | $142,800 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | ZACHARY STOEBNER | CONDOMINIUM | $154,000 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | F M PRAWER & M J UNZELMAN | CONDOMINIUM | $149,900 | 0 ft |
| 2850 CEDAR AVE S MINNEAPOLIS MN 55407 | ERIC STONE | CONDOMINIUM | $148,900 | 0 ft |
Most Recent Sale
Current Tax Year