Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
Midtown Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
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 |
|---|---|---|---|---|
| 1112 LAKE ST E MINNEAPOLIS MN 55407 | 1112 E LAKE ST LLC | COMMERCIAL-PREFERRED | $680,000 | 45 ft |
| 1106 LAKE ST E MINNEAPOLIS MN 55407 | GRTR MPLS COUNCL OF CHURCHES | LAND-COMMERCIAL | $0 | 45 ft |
| 1114 LAKE ST E MINNEAPOLIS MN 55407 | 1112 E LAKE ST LLC | LAND-COMMERCIAL | $92,300 | 90 ft |
| 1100 LAKE ST E MINNEAPOLIS MN 55407 | GREATER MPLS COUNCIL CHRCHS | COMMERCIAL-PREFERRED | $0 | 90 ft |
| 2941 11TH AVE S MINNEAPOLIS MN 55407 | MANUEL S JARA & CELIA PUMA | RESIDENTIAL-TWO UNIT | $260,600 | 101 ft |
| 2940 12TH AVE S MINNEAPOLIS MN 55407 | KEVIN KOLSTAD | COMMERCIAL-PREFERRED | $357,000 | 129 ft |
| 1120 LAKE ST E MINNEAPOLIS MN 55407 | 1112 E LAKE ST LLC | LAND-COMMERCIAL | $90,300 | 134 ft |
| 2939 11TH AVE S MINNEAPOLIS MN 55407 | MARIA CARMEN CHUMA QUIZHPI | RESIDENTIAL-TWO UNIT | $289,800 | 137 ft |
| 2936 12TH AVE S MINNEAPOLIS MN 55407 | VICTOR RAMIREZ ROMERO | RESIDENTIAL | $215,600 | 159 ft |
| 2933 11TH AVE S MINNEAPOLIS MN 55407 | ISMAIL IBRAHIM | RESIDENTIAL | $168,000 | 175 ft |