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.
5 permits on record since 2018 · $12K total declared value · Most recent: Jan 2026 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Molina General Contractors LLC
PMR Mechanical, Inc.
MIDWAY VO TECH INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,100 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2525 CEDAR AVE S MINNEAPOLIS MN 55404 | FORTUNE VANG | RESIDENTIAL | $190,100 | 42 ft |
| 2533 CEDAR AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | RESIDENTIAL | $177,000 | 42 ft |
| 1829 E M STATELY ST MINNEAPOLIS MN 55404 | MANUEL JARA & LUZ JARA | LOW INCOME RENTAL | $456,000 | 93 ft |
| 2537 CEDAR AVE S MINNEAPOLIS MN 55404 | V A NIOLA-JARA ET AL | RESIDENTIAL | $192,900 | 97 ft |
| 1833 E M STATELY ST MINNEAPOLIS MN 55404 | AMAL MAHMOUD EMARA | RESIDENTIAL | $230,000 | 138 ft |
| 1832 26TH ST E MINNEAPOLIS MN 55404 | FAIRFIELD INVESTMENTS INC | RESIDENTIAL-TWO UNIT | $256,700 | 159 ft |
| 2545 CEDAR AVE S MINNEAPOLIS MN 55404 | NOLAN L DICKSON | RESIDENTIAL-TWO UNIT | $384,800 | 160 ft |
| 1839 E M STATELY ST MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAND TRST | — | $409,000 | 178 ft |
| 1838 26TH ST E MINNEAPOLIS MN 55404 | L M FARJARDO & D M FARJARDO | RESIDENTIAL-TWO UNIT | $204,800 | 181 ft |
| 2532 CEDAR AVE S MINNEAPOLIS MN 55404 | JON P GUNVALDSON | RESIDENTIAL-TWO UNIT | $211,300 | 210 ft |
Most Recent Sale
Current Tax Year