ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 ↗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.
5 permits on record since 2012 · $213K total declared value · Most recent: Mar 2024 (existres)
CENTERPOINT ENERGY
LACY MECHANICAL LLC
Visionary Plumbing LLC
2 4 1 CONSTRUCTION LLC
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 2,609 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1847 E M STATELY ST MINNEAPOLIS MN 55404 | ELAINE G PEARSON | LOW INCOME RENTAL | $213,900 | 40 ft |
| 1839 E M STATELY ST MINNEAPOLIS MN 55404 | CITY OF LAKES COMM LAND TRST | — | $409,000 | 40 ft |
| 1851 E M STATELY ST MINNEAPOLIS MN 55404 | C JOHNSON & R CORSO | RESIDENTIAL-TWO UNIT | $249,200 | 80 ft |
| 1833 E M STATELY ST MINNEAPOLIS MN 55404 | AMAL MAHMOUD EMARA | RESIDENTIAL | $230,000 | 80 ft |
| 1855 E M STATELY ST MINNEAPOLIS MN 55404 | MARIA JARA | RESIDENTIAL-TWO UNIT | $465,500 | 120 ft |
| 1829 E M STATELY ST MINNEAPOLIS MN 55404 | MANUEL JARA & LUZ JARA | LOW INCOME RENTAL | $456,000 | 125 ft |
| 1844 26TH ST E MINNEAPOLIS MN 55404 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $258,000 | 140 ft |
| 1846 26TH ST E MINNEAPOLIS MN 55404 | CRISTIAN G GUAMAN | RESIDENTIAL | $236,100 | 140 ft |
| 1854 26TH ST E MINNEAPOLIS MN 55404 | SELENE FINANCE LP | RESIDENTIAL | $168,000 | 151 ft |
| 1840 26TH ST E MINNEAPOLIS MN 55404 | BARBARA M MARSTON | RESIDENTIAL-TWO UNIT | $203,100 | 152 ft |
Most Recent Sale
Current Tax Year