Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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 2007 · $1.0M total declared value · Most recent: Dec 2023 (commercial minor)
LIBERTY PLUMBING CO LLC
DURE NEGASSA
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Longfellow · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1074
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
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 sfr / adu benchmarks for 968 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2805 27TH AVE S MINNEAPOLIS MN 55406 | CU V NGUYEN | RESIDENTIAL-TWO UNIT | $276,800 | 63 ft |
| 2701 28TH ST E MINNEAPOLIS MN 55406 | ENOCH HILL | CONDOMINIUM | $206,000 | 78 ft |
| 2703 28TH ST E MINNEAPOLIS MN 55406 | ENOCH HILL & ALISSA HILL | CONDOMINIUM | $201,000 | 78 ft |
| 2705 28TH ST E MINNEAPOLIS MN 55406 | ENOCH HILL & ALISSA HILL | CONDOMINIUM | $206,000 | 78 ft |
| MN | Unknown | — | — | 78 ft |
| 2809 27TH AVE S MINNEAPOLIS MN 55406 | ICCULUS INVESTMENTS LLC | APARTMENT | $572,000 | 102 ft |
| 2715 28TH ST E MINNEAPOLIS MN 55406 | SOUMYA SANYAL & MARC SANYAL | RESIDENTIAL-TWO UNIT | $641,000 | 134 ft |
| 2804 28TH AVE S MINNEAPOLIS MN 55406 | LUCAS PAUL PRICE | RESIDENTIAL | $189,000 | 141 ft |
| 2815 27TH AVE S MINNEAPOLIS MN 55406 | GARY W LEWIS | RESIDENTIAL | $276,400 | 147 ft |
| 2808 28TH AVE S MINNEAPOLIS MN 55406 | DANIEL O ARYEETEY | RESIDENTIAL-TWO UNIT | $277,200 | 162 ft |
Most Recent Sale
Current Tax Year