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 ↗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.
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
Urban Neighborhood 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 1,848 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2309 5TH AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | VACANT LAND-RESIDENTIAL | $0 | 40 ft |
| 506 24TH ST E MINNEAPOLIS MN 55404 | MICHAEL SOMMERS & SUSAN HAAS | APARTMENT | $951,000 | 48 ft |
| 500 24TH ST E MINNEAPOLIS MN 55404 | GREGORY WALSH | RESIDENTIAL | $290,000 | 78 ft |
| 508 24TH ST E MINNEAPOLIS MN 55404 | SUSAN HAAS & MICHAEL SOMMERS | APARTMENT | $588,000 | 78 ft |
| 2305 5TH AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | VACANT LAND-RESIDENTIAL | $0 | 88 ft |
| 2314 PORTLAND AVE MINNEAPOLIS MN 55404 | K MITCHELL & W MERZ | RESIDENTIAL-TWO UNIT | $338,000 | 136 ft |
| 2301 5TH AVE S MINNEAPOLIS MN 55404 | HENN CTY 55404 2301 5TH AV S | RESIDENTIAL-TWO UNIT | $406,700 | 136 ft |
| 2316 PORTLAND AVE MINNEAPOLIS MN 55404 | BRALEY HUFF TRUST | RESIDENTIAL | $260,000 | 144 ft |
| 2310 PORTLAND AVE MINNEAPOLIS MN 55404 | RS EDEN | APARTMENT | $0 | 150 ft |
| 2320 PORTLAND AVE MINNEAPOLIS MN 55404 | S N BROOKS & HOLLY M BROOKS | RESIDENTIAL | $289,000 | 160 ft |
Most Recent Sale
Current Tax Year