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 2019 · $880 total declared value · Most recent: Oct 2019 (commercial multi-family)
DNA HEATING AND COOLING
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 2,886 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2410 PORTLAND AVE MINNEAPOLIS MN 55404 | LUIS TIGRE BUENO | RESIDENTIAL | $179,500 | 34 ft |
| 2404 PORTLAND AVE MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 48 ft |
| 2412 PORTLAND AVE MINNEAPOLIS MN 55404 | NICHOLAS LYNCH | RESIDENTIAL | $263,000 | 59 ft |
| 515 24TH ST E MINNEAPOLIS MN 55404 | SUSAN M HAAS | VACANT LAND-APARTMENT | $57,200 | 78 ft |
| 2400 PORTLAND AVE MINNEAPOLIS MN 55404 | DEBRA J JOHNSON | RESIDENTIAL | $257,900 | 90 ft |
| 2414 PORTLAND AVE MINNEAPOLIS MN 55404 | OSMAN MECAAD & FARHIA JAMA | RESIDENTIAL | $194,200 | 95 ft |
| 2320 PORTLAND AVE MINNEAPOLIS MN 55404 | S N BROOKS & HOLLY M BROOKS | RESIDENTIAL | $289,000 | 193 ft |
| 2401 5TH AVE S MINNEAPOLIS MN 55404 | STATE HIGHWAY DEPT | LAND-COMMERCIAL | $0 | 210 ft |
| 2430 PORTLAND AVE MINNEAPOLIS MN 55404 | PORTLAND PLACE CO-OP | LOW INCOME RENTAL | $2,011,000 | 217 ft |
| 2316 PORTLAND AVE MINNEAPOLIS MN 55404 | BRALEY HUFF TRUST | RESIDENTIAL | $260,000 | 228 ft |
Most Recent Sale
Current Tax Year