Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
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 5,570 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2708 LONGFELLOW AVE MINNEAPOLIS MN 55407 | LEON WASHINGTON | RESIDENTIAL | $168,000 | 60 ft |
| 2712 LONGFELLOW AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 100 ft |
| 2654 LONGFELLOW AVE MINNEAPOLIS MN 55407 | RICHARD J HUNT JR | RESIDENTIAL | $164,000 | 120 ft |
| 2705 CEDAR AVE S MINNEAPOLIS MN 55407 | ANGEL M ALVARRACIN ORTEGA | RESIDENTIAL-TWO UNIT | $281,100 | 138 ft |
| 2701 CEDAR AVE S MINNEAPOLIS MN 55407 | J HUSTEDT & N J DE VERA | RESIDENTIAL-TWO UNIT | $333,800 | 138 ft |
| 2716 LONGFELLOW AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 140 ft |
| 2709 CEDAR AVE S MINNEAPOLIS MN 55407 | KRISTINA ROSE MONJE | RESIDENTIAL-TWO UNIT | $321,700 | 150 ft |
| 2650 LONGFELLOW AVE MINNEAPOLIS MN 55407 | VICTORINO S DOMINGUEZ-PLIEGO | RESIDENTIAL | $197,000 | 160 ft |
| 2715 CEDAR AVE S MINNEAPOLIS MN 55407 | GLORY A GLOUDEMANS ET AL | RESIDENTIAL | $134,000 | 170 ft |
| 2655 CEDAR AVE S MINNEAPOLIS MN 55407 | JUSTO ROMERO PALLCHIZACA | RESIDENTIAL-TWO UNIT | $290,300 | 181 ft |
Most Recent Sale
Current Tax Year