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 ↗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 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.
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
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 |
|---|---|---|---|---|
| 506 24TH ST E MINNEAPOLIS MN 55404 | MICHAEL SOMMERS & SUSAN HAAS | APARTMENT | $951,000 | 44 ft |
| 2315 5TH AVE S MINNEAPOLIS MN 55404 | GREGORY HAROLD WALSH | VACANT LAND-RESIDENTIAL | $15,000 | 78 ft |
| 508 24TH ST E MINNEAPOLIS MN 55404 | SUSAN HAAS & MICHAEL SOMMERS | APARTMENT | $588,000 | 80 ft |
| 2309 5TH AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | VACANT LAND-RESIDENTIAL | $0 | 114 ft |
| 2401 5TH AVE S MINNEAPOLIS MN 55404 | STATE HIGHWAY DEPT | LAND-COMMERCIAL | $0 | 123 ft |
| 2305 5TH AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | VACANT LAND-RESIDENTIAL | $0 | 160 ft |
| 2316 PORTLAND AVE MINNEAPOLIS MN 55404 | BRALEY HUFF TRUST | RESIDENTIAL | $260,000 | 176 ft |
| 2320 PORTLAND AVE MINNEAPOLIS MN 55404 | S N BROOKS & HOLLY M BROOKS | RESIDENTIAL | $289,000 | 176 ft |
| 2314 PORTLAND AVE MINNEAPOLIS MN 55404 | K MITCHELL & W MERZ | RESIDENTIAL-TWO UNIT | $338,000 | 185 ft |
| 515 24TH ST E MINNEAPOLIS MN 55404 | SUSAN M HAAS | VACANT LAND-APARTMENT | $57,200 | 196 ft |