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 ↗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.
4 permits on record since 2018 · $13K total declared value · Most recent: Jan 2026 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Renda the Roofer
Barnes Plumbing Co 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
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 |
|---|---|---|---|---|
| 2715 CEDAR AVE S MINNEAPOLIS MN 55407 | GLORY A GLOUDEMANS ET AL | RESIDENTIAL | $134,000 | 40 ft |
| 2705 CEDAR AVE S MINNEAPOLIS MN 55407 | ANGEL M ALVARRACIN ORTEGA | RESIDENTIAL-TWO UNIT | $281,100 | 40 ft |
| 2717 CEDAR AVE S MINNEAPOLIS MN 55407 | B E LAFORGE & M A BECKELMAN | RESIDENTIAL | $150,900 | 80 ft |
| 2701 CEDAR AVE S MINNEAPOLIS MN 55407 | J HUSTEDT & N J DE VERA | RESIDENTIAL-TWO UNIT | $333,800 | 80 ft |
| 2708 LONGFELLOW AVE MINNEAPOLIS MN 55407 | LEON WASHINGTON | RESIDENTIAL | $168,000 | 137 ft |
| 2723 CEDAR AVE S MINNEAPOLIS MN 55407 | GIRAFFE INVESTMENTS LLC | LOW INCOME RENTAL | $879,000 | 140 ft |
| 2712 LONGFELLOW AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 142 ft |
| 2704 LONGFELLOW AVE MINNEAPOLIS MN 55407 | MARIA HUERTA QUIZHPI | RESIDENTIAL | $208,800 | 150 ft |
| 2716 LONGFELLOW AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 158 ft |
| 2655 CEDAR AVE S MINNEAPOLIS MN 55407 | JUSTO ROMERO PALLCHIZACA | RESIDENTIAL-TWO UNIT | $290,300 | 180 ft |
Most Recent Sale
Current Tax Year