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 ↗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.
1 permit on record since 2021 · $7K total declared value · Most recent: Aug 2021 (misc)
RENEWAL BY ANDERSEN CORP
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Phillips West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1260
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 1,848 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2316 PORTLAND AVE MINNEAPOLIS MN 55404 | BRALEY HUFF TRUST | RESIDENTIAL | $260,000 | 35 ft |
| 2314 PORTLAND AVE MINNEAPOLIS MN 55404 | K MITCHELL & W MERZ | RESIDENTIAL-TWO UNIT | $338,000 | 77 ft |
| 508 24TH ST E MINNEAPOLIS MN 55404 | SUSAN HAAS & MICHAEL SOMMERS | APARTMENT | $588,000 | 97 ft |
| 2400 PORTLAND AVE MINNEAPOLIS MN 55404 | DEBRA J JOHNSON | RESIDENTIAL | $257,900 | 107 ft |
| 506 24TH ST E MINNEAPOLIS MN 55404 | MICHAEL SOMMERS & SUSAN HAAS | APARTMENT | $951,000 | 141 ft |
| 515 24TH ST E MINNEAPOLIS MN 55404 | SUSAN M HAAS | VACANT LAND-APARTMENT | $57,200 | 143 ft |
| 2310 PORTLAND AVE MINNEAPOLIS MN 55404 | RS EDEN | APARTMENT | $0 | 149 ft |
| 2404 PORTLAND AVE MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 151 ft |
| 2315 5TH AVE S MINNEAPOLIS MN 55404 | GREGORY HAROLD WALSH | VACANT LAND-RESIDENTIAL | $15,000 | 160 ft |
| 500 24TH ST E MINNEAPOLIS MN 55404 | GREGORY WALSH | RESIDENTIAL | $290,000 | 176 ft |
Most Recent Sale
Current Tax Year