Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
8 permits on record since 2021 · $5.4M total declared value · Most recent: Dec 2025 (remodel)
Ingauge Engineering and Technology Inc
Ingauge Engineering and Technology Inc
Ingauge Engineering and Technology Inc
First Choice Plumbing & Heating LLC
Ingauge Engineering and Technology 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
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 |
|---|---|---|---|---|
| 2936 17TH AVE S MINNEAPOLIS MN 55407 | VIRGINIA G SANCHEZ RAMIREZ | RESIDENTIAL | $233,500 | 95 ft |
| 1604 LAKE ST E MINNEAPOLIS MN 55407 | THE SALVATION ARMY | COMMERCIAL-PREFERRED | $0 | 104 ft |
| 2932 17TH AVE S MINNEAPOLIS MN 55407 | JANNAY XELYN CONTRARAS | RESIDENTIAL | $268,800 | 135 ft |
| 2939 16TH AVE S MINNEAPOLIS MN 55407 | ISUROON | LAND-COMMERCIAL | $0 | 162 ft |
| 2928 17TH AVE S MINNEAPOLIS MN 55407 | RUBICEL JIMENEZ MAGANA | RESIDENTIAL | $367,000 | 176 ft |
| 2935 16TH AVE S MINNEAPOLIS MN 55407 | SHERZAD KORDIAN | RESIDENTIAL | $360,000 | 179 ft |
| 2941 17TH AVE S MINNEAPOLIS MN 55407 | S G CHINAS & M T D OCAMPO | RESIDENTIAL-TWO UNIT | $266,500 | 191 ft |
| 1600 LAKE ST E MINNEAPOLIS MN 55407 | ISUROON | COMMERCIAL-PREFERRED | $0 | 200 ft |
| 2931 16TH AVE S MINNEAPOLIS MN 55407 | R J CZERNIK/L GUILLEN-GIVENS | RESIDENTIAL | $262,300 | 204 ft |
| 2937 17TH AVE S MINNEAPOLIS MN 55407 | P L A MARTINEZ ET AL | RESIDENTIAL | $187,000 | 207 ft |