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 ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
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 1,293 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2410 PORTLAND AVE MINNEAPOLIS MN 55404 | LUIS TIGRE BUENO | RESIDENTIAL | $179,500 | 24 ft |
| 2414 PORTLAND AVE MINNEAPOLIS MN 55404 | OSMAN MECAAD & FARHIA JAMA | RESIDENTIAL | $194,200 | 36 ft |
| 2408 PORTLAND AVE MINNEAPOLIS MN 55404 | GREGORY F KAMPMEYER | APARTMENT | $361,000 | 59 ft |
| 2404 PORTLAND AVE MINNEAPOLIS MN 55404 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 105 ft |
| 515 24TH ST E MINNEAPOLIS MN 55404 | SUSAN M HAAS | VACANT LAND-APARTMENT | $57,200 | 127 ft |
| 2400 PORTLAND AVE MINNEAPOLIS MN 55404 | DEBRA J JOHNSON | RESIDENTIAL | $257,900 | 148 ft |
| 2430 PORTLAND AVE MINNEAPOLIS MN 55404 | PORTLAND PLACE CO-OP | LOW INCOME RENTAL | $2,011,000 | 159 ft |
| 2419 5TH AVE S MINNEAPOLIS MN 55404 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 195 ft |
| 2401 5TH AVE S MINNEAPOLIS MN 55404 | STATE HIGHWAY DEPT | LAND-COMMERCIAL | $0 | 238 ft |
| 2320 PORTLAND AVE MINNEAPOLIS MN 55404 | S N BROOKS & HOLLY M BROOKS | RESIDENTIAL | $289,000 | 252 ft |
Most Recent Sale
Current Tax Year