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 ↗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 ↗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.
2 permits on record since 2021 · $126K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
RAYCO CONSTRUCTION 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
Urban Neighborhood 3 — medium-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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1834 28TH ST E MINNEAPOLIS MN 55407 | SOLITA A BUSTAMANTE VERA | RESIDENTIAL | $98,000 | 132 ft |
| 2733 CEDAR AVE S MINNEAPOLIS MN 55407 | JESSE PEDERSEN | RESIDENTIAL | $206,100 | 132 ft |
| 2744 LONGFELLOW AVE MINNEAPOLIS MN 55407 | NEW HOPE CENTER INC | LAND-COMMERCIAL | $78,700 | 137 ft |
| 2748 LONGFELLOW AVE MINNEAPOLIS MN 55407 | MIQUEL A SIMON MENDEZ | RESIDENTIAL | $149,000 | 139 ft |
| 2740 LONGFELLOW AVE MINNEAPOLIS MN 55407 | NEW HOPE CENTER INC | LAND-COMMERCIAL | $78,700 | 146 ft |
| 2736 LONGFELLOW AVE MINNEAPOLIS MN 55407 | NEW HOPE CENTER INC | LAND-COMMERCIAL | $78,700 | 165 ft |
| 2729 CEDAR AVE S MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 171 ft |
| 2756 LONGFELLOW AVE MINNEAPOLIS MN 55407 | PATRICIO EVANA BUSTAMANTE | RESIDENTIAL | $90,000 | 185 ft |
| 2732 LONGFELLOW AVE MINNEAPOLIS MN 55407 | STEVEN E STRUTHERS | RESIDENTIAL-TWO UNIT | $219,700 | 190 ft |
| 2740 CEDAR AVE S MINNEAPOLIS MN 55407 | MINNESOTA HOME BROTHERS LLC | RESIDENTIAL | $278,700 | 203 ft |
Current Tax Year