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 ↗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 ↗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.
3 permits on record since 2006 · $373K total declared value · Most recent: Oct 2024 (addition)
LIBERTE CONSTRUCTION LLC
Three Rivers Contracting LLC
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
Most Recent Sale
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 |
|---|---|---|---|---|
| 500 24TH ST E MINNEAPOLIS MN 55404 | GREGORY WALSH | RESIDENTIAL | $290,000 | 44 ft |
| 508 24TH ST E MINNEAPOLIS MN 55404 | SUSAN HAAS & MICHAEL SOMMERS | APARTMENT | $588,000 | 44 ft |
| 2315 5TH AVE S MINNEAPOLIS MN 55404 | GREGORY HAROLD WALSH | VACANT LAND-RESIDENTIAL | $15,000 | 48 ft |
| 2309 5TH AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | VACANT LAND-RESIDENTIAL | $0 | 88 ft |
| 2316 PORTLAND AVE MINNEAPOLIS MN 55404 | BRALEY HUFF TRUST | RESIDENTIAL | $260,000 | 136 ft |
| 2305 5TH AVE S MINNEAPOLIS MN 55404 | MOLINA INVESTMENT GROUP LLC | VACANT LAND-RESIDENTIAL | $0 | 136 ft |
| 2314 PORTLAND AVE MINNEAPOLIS MN 55404 | K MITCHELL & W MERZ | RESIDENTIAL-TWO UNIT | $338,000 | 141 ft |
| 2320 PORTLAND AVE MINNEAPOLIS MN 55404 | S N BROOKS & HOLLY M BROOKS | RESIDENTIAL | $289,000 | 141 ft |
| 2401 5TH AVE S MINNEAPOLIS MN 55404 | STATE HIGHWAY DEPT | LAND-COMMERCIAL | $0 | 151 ft |
| 2310 PORTLAND AVE MINNEAPOLIS MN 55404 | RS EDEN | APARTMENT | $0 | 176 ft |