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 2019 · Most recent: Jul 2019 (existres)
NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING
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
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 2,495 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2610 LONGFELLOW AVE MINNEAPOLIS MN 55407 | SHIRLEY A MCCOY | RESIDENTIAL | $184,000 | 40 ft |
| 2618 LONGFELLOW AVE MINNEAPOLIS MN 55407 | KEBEDE PROPERTIES LLC | RESIDENTIAL | $330,000 | 40 ft |
| 2606 LONGFELLOW AVE MINNEAPOLIS MN 55407 | ROBERT WALTER PHELPS JR | RESIDENTIAL | $183,000 | 80 ft |
| 2622 LONGFELLOW AVE MINNEAPOLIS MN 55407 | IAN STEMPER & BRIANA LENZEN | RESIDENTIAL | $231,300 | 80 ft |
| 2626 LONGFELLOW AVE MINNEAPOLIS MN 55407 | CUONG X PHAM | RESIDENTIAL-TWO UNIT | $205,300 | 120 ft |
| 2600 LONGFELLOW AVE MINNEAPOLIS MN 55407 | JOSE L GONZALES | RESIDENTIAL | $224,800 | 132 ft |
| 2613 CEDAR AVE S MINNEAPOLIS MN 55407 | JINNING QI & HONG ZHENG | RESIDENTIAL-TWO UNIT | $289,300 | 137 ft |
| 2611 CEDAR AVE S MINNEAPOLIS MN 55407 | QUINCY GOTTWIG | RESIDENTIAL-TWO UNIT | $334,700 | 142 ft |
| 2619 CEDAR AVE S MINNEAPOLIS MN 55407 | KENRY WANGH | RESIDENTIAL | $153,800 | 143 ft |
| 2607 CEDAR AVE S MINNEAPOLIS MN 55407 | FATUMA JUSUEF ROBA | RESIDENTIAL | $170,300 | 158 ft |
Most Recent Sale
Current Tax Year