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 2022 · $2K total declared value · Most recent: Sep 2022 (roofwind)
WINDOW CONCEPTS OF MINNESOTA INC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,962 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2444 PORTLAND AVE MINNEAPOLIS MN 55404 | XYZ LLC | TRIPLEX | $407,000 | 52 ft |
| 512 25TH ST E MINNEAPOLIS MN 55404 | XYZ LLC | RESIDENTIAL-TWO UNIT | $192,000 | 65 ft |
| 2440 PORTLAND AVE MINNEAPOLIS MN 55404 | MINH Q HUYNH & LYNN HUYNH | TRIPLEX | $477,100 | 97 ft |
| 2500 PORTLAND AVE MINNEAPOLIS MN 55404 | M GUSTAFSON & S GUSTAFSON | RESIDENTIAL | $326,000 | 120 ft |
| 2438 PORTLAND AVE MINNEAPOLIS MN 55404 | JOE VANG & KA YING VANG | RESIDENTIAL | $256,600 | 146 ft |
| 2504 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT & ANN DEHOFF | LOW INCOME RENTAL | $453,000 | 176 ft |
| 2501 5TH AVE S MINNEAPOLIS MN 55404 | A G VELASCO & J V AMBROS | RESIDENTIAL | $409,000 | 183 ft |
| 2445 PORTLAND AVE MINNEAPOLIS MN 55404 | 2445 PORTLAND AVE SOUTH LLC | LOW INCOME RENTAL | $421,000 | 209 ft |
| 2441 PORTLAND AVE MINNEAPOLIS MN 55404 | TRUY V LE | APARTMENT | $436,000 | 214 ft |
| 2505 5TH AVE S MINNEAPOLIS MN 55404 | KHEYR INVESTMENTS LLC | COMMERCIAL-PREFERRED | $680,000 | 224 ft |
Most Recent Sale
Current Tax Year