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.
5 permits on record since 2012 · $1.8M total declared value · Most recent: Feb 2025 (private)
Carl Bolander and Sons LLC
E5 Energy LLC
Gilbert Mechanical Contractors 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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1851 28TH ST E MINNEAPOLIS MN 55407 | NA HOLDING COMPANY | INDUSTRIAL-PREFERRED | $206,000 | 150 ft |
| 2837 CEDAR AVE S MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 202 ft |
| 2756 LONGFELLOW AVE MINNEAPOLIS MN 55407 | PATRICIO EVANA BUSTAMANTE | RESIDENTIAL | $90,000 | 301 ft |
| 2812 20TH AVE S MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIPMENT | LAND - INDUSTRIAL | $108,600 | 305 ft |
| 2825 CEDAR AVE S MINNEAPOLIS MN 55407 | KENT PETERSON LLC | INDUSTRIAL-PREFERRED | $1,177,000 | 322 ft |
| 1947 28TH ST E MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 333 ft |
| 1834 28TH ST E MINNEAPOLIS MN 55407 | SOLITA A BUSTAMANTE VERA | RESIDENTIAL | $98,000 | 351 ft |
| 2748 LONGFELLOW AVE MINNEAPOLIS MN 55407 | MIQUEL A SIMON MENDEZ | RESIDENTIAL | $149,000 | 359 ft |
| 2824 20TH AVE S MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIPMENT | INDUSTRIAL-PREFERRED | $2,599,000 | 374 ft |
| 2744 LONGFELLOW AVE MINNEAPOLIS MN 55407 | NEW HOPE CENTER INC | LAND-COMMERCIAL | $78,700 | 387 ft |