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.
3 permits on record since 2018 · $41K total declared value · Most recent: Oct 2023 (misc)
ALL ENERGY SOLAR INC
ALL ENERGY SOLAR INC
THOMPSON EXTERIORS 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
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 3,609 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2524 PORTLAND AVE MINNEAPOLIS MN 55404 | ANDRE QUINN DUKE | LOW INCOME RENTAL | $556,000 | 54 ft |
| 2508 PORTLAND AVE MINNEAPOLIS MN 55404 | STEVEN JILEK | APARTMENT | $507,000 | 68 ft |
| 2526 PORTLAND AVE MINNEAPOLIS MN 55404 | M C ZUMBA DE ZHAGUI ET AL | TRIPLEX | $383,700 | 106 ft |
| 2517 5TH AVE S MINNEAPOLIS MN 55404 | GOLDEN GOPHER PROPERTIES LLC | RESIDENTIAL | $192,100 | 125 ft |
| 2513 5TH AVE S MINNEAPOLIS MN 55404 | CECILIA A PELAEZ | RESIDENTIAL | $229,800 | 135 ft |
| 2504 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT & ANN DEHOFF | LOW INCOME RENTAL | $453,000 | 137 ft |
| 2509 5TH AVE S MINNEAPOLIS MN 55404 | KHEYR INVESTMENTS LLC | LAND-COMMERCIAL | $88,300 | 153 ft |
| 2528 PORTLAND AVE MINNEAPOLIS MN 55404 | 2528 PORTLAND AVE S LLC | LOW INCOME RENTAL | $752,000 | 154 ft |
| 2525 5TH AVE S MINNEAPOLIS MN 55404 | NEW HOPE BAPTIST CHURCH | COMMERCIAL-PREFERRED | $0 | 160 ft |
| 2505 5TH AVE S MINNEAPOLIS MN 55404 | KHEYR INVESTMENTS LLC | COMMERCIAL-PREFERRED | $680,000 | 185 ft |
Most Recent Sale
Current Tax Year