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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2024 · $15K total declared value · Most recent: Sep 2024 (remodel)
Gloria Velez
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 59.02
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 3,176 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2100 PORTLAND AVE MINNEAPOLIS MN 55404 | A VELEZ & G VELEZ | APARTMENT | $453,000 | 48 ft |
| 2108 PORTLAND AVE MINNEAPOLIS MN 55404 | MARIA ESTER VELEZ | RESIDENTIAL-TWO UNIT | $299,600 | 48 ft |
| 2020 PORTLAND AVE MINNEAPOLIS MN 55404 | HOPE BLK STABILIZN PHS I LLC | LOW INCOME RENTAL | $471,000 | 96 ft |
| 2112 PORTLAND AVE MINNEAPOLIS MN 55404 | JANET CAROL NYE | RESIDENTIAL | $202,000 | 96 ft |
| 2105 5TH AVE S MINNEAPOLIS MN 55404 | DIRBWERK YIMER | RESIDENTIAL | $226,800 | 135 ft |
| 2109 5TH AVE S MINNEAPOLIS MN 55404 | CLEMENTE GARCIA | VACANT LAND-RESIDENTIAL | $8,400 | 140 ft |
| 2116 PORTLAND AVE MINNEAPOLIS MN 55404 | ELIZABETH GARCIA | APARTMENT | $409,000 | 144 ft |
| 2101 5TH AVE S MINNEAPOLIS MN 55404 | NEW VISION LLC | APARTMENT | $0 | 144 ft |
| 2016 PORTLAND AVE MINNEAPOLIS MN 55404 | CHARLES A SALAAM | CONDOMINIUM | $72,000 | 144 ft |
| 2016 PORTLAND AVE MINNEAPOLIS MN 55404 | A A & C A SALAAM | CONDOMINIUM | $72,000 | 144 ft |
Most Recent Sale
Current Tax Year