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 2017 · $1K total declared value · Most recent: Sep 2022 (roofwind)
WINDOW CONCEPTS OF MINNESOTA INC
CENTERPOINT ENERGY
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 sfr / adu benchmarks for 220 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2448 PORTLAND AVE MINNEAPOLIS MN 55404 | XYZ LLC | TRIPLEX | $318,000 | 65 ft |
| 2444 PORTLAND AVE MINNEAPOLIS MN 55404 | XYZ LLC | TRIPLEX | $407,000 | 68 ft |
| 2440 PORTLAND AVE MINNEAPOLIS MN 55404 | MINH Q HUYNH & LYNN HUYNH | TRIPLEX | $477,100 | 107 ft |
| 2500 PORTLAND AVE MINNEAPOLIS MN 55404 | M GUSTAFSON & S GUSTAFSON | RESIDENTIAL | $326,000 | 129 ft |
| 2501 5TH AVE S MINNEAPOLIS MN 55404 | A G VELASCO & J V AMBROS | RESIDENTIAL | $409,000 | 140 ft |
| 2438 PORTLAND AVE MINNEAPOLIS MN 55404 | JOE VANG & KA YING VANG | RESIDENTIAL | $256,600 | 152 ft |
| 2504 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT & ANN DEHOFF | LOW INCOME RENTAL | $453,000 | 183 ft |
| 2505 5TH AVE S MINNEAPOLIS MN 55404 | KHEYR INVESTMENTS LLC | COMMERCIAL-PREFERRED | $680,000 | 191 ft |
| 2509 5TH AVE S MINNEAPOLIS MN 55404 | KHEYR INVESTMENTS LLC | LAND-COMMERCIAL | $88,300 | 240 ft |
| 2508 PORTLAND AVE MINNEAPOLIS MN 55404 | STEVEN JILEK | APARTMENT | $507,000 | 250 ft |
Most Recent Sale
Current Tax Year