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.
No permits found in Minneapolis open data for this parcel.
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
Residential Mixed-Use 3 — higher-density mixed residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2535 5TH AVE S MINNEAPOLIS MN 55404 | ZAKARIA MOHAMED | RESIDENTIAL-TWO UNIT | $217,200 | 100 ft |
| 2517 5TH AVE S MINNEAPOLIS MN 55404 | GOLDEN GOPHER PROPERTIES LLC | RESIDENTIAL | $192,100 | 106 ft |
| 2526 PORTLAND AVE MINNEAPOLIS MN 55404 | M C ZUMBA DE ZHAGUI ET AL | TRIPLEX | $383,700 | 125 ft |
| 2537 5TH AVE S MINNEAPOLIS MN 55404 | C ANDERSON/P PONCE-ANDERSON | RESIDENTIAL-TWO UNIT | $255,800 | 131 ft |
| 2524 PORTLAND AVE MINNEAPOLIS MN 55404 | ANDRE QUINN DUKE | LOW INCOME RENTAL | $556,000 | 133 ft |
| 2528 PORTLAND AVE MINNEAPOLIS MN 55404 | 2528 PORTLAND AVE S LLC | LOW INCOME RENTAL | $752,000 | 136 ft |
| 2513 5TH AVE S MINNEAPOLIS MN 55404 | CECILIA A PELAEZ | RESIDENTIAL | $229,800 | 145 ft |
| 2530 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT STACHOWIAK | TRIPLEX | $310,600 | 157 ft |
| 2518 PORTLAND AVE MINNEAPOLIS MN 55404 | P H THOMPSON & E THOMPSON | RESIDENTIAL-TWO UNIT | $281,200 | 160 ft |
| 2532 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT STACHOWIAK | RESIDENTIAL-TWO UNIT | $210,800 | 180 ft |
Most Recent Sale
Current Tax Year