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.
2 permits on record since 2019 · $7K total declared value · Most recent: Sep 2023 (misc)
Avinash Pulchan
Avinash Pulchan
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
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 3,191 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2214 PORTLAND AVE MINNEAPOLIS MN 55404 | JOEL POUALEU | APARTMENT | $326,000 | 48 ft |
| 2206 PORTLAND AVE MINNEAPOLIS MN 55404 | D C VOIGHT & S MITCHELL | RESIDENTIAL | $189,600 | 48 ft |
| 2200 PORTLAND AVE MINNEAPOLIS MN 55404 | ATM PROPERTIES LLC | LOW INCOME RENTAL | $398,900 | 95 ft |
| 2216 PORTLAND AVE MINNEAPOLIS MN 55404 | C CALDERON-ZAMUDIO ET AL | TRIPLEX | $394,800 | 96 ft |
| 2213 5TH AVE S MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNRSP | LOW INCOME RENTAL | $862,000 | 136 ft |
| 2222 PORTLAND AVE MINNEAPOLIS MN 55404 | JOSE F P QUIZHPI | APARTMENT | $527,000 | 144 ft |
| 2217 5TH AVE S MINNEAPOLIS MN 55404 | JOSE F GONZALES DELGADO | RESIDENTIAL-TWO UNIT | $255,000 | 153 ft |
| 2201 5TH AVE S MINNEAPOLIS MN 55404 | M & A RENTALS LLC | APARTMENT | $712,000 | 164 ft |
| 2219 5TH AVE S MINNEAPOLIS MN 55404 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $233,000 | 171 ft |
| 2300 PORTLAND AVE MINNEAPOLIS MN 55404 | JOSE F P QUIZHPI | APARTMENT | $527,000 | 192 ft |
Most Recent Sale
Current Tax Year