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 ↗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.
2 permits on record since 2005 · $646K total declared value · Most recent: Jan 2017 (comnofdbv)
United States Mechanical 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 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 8,174 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2728 PORTLAND AVE MINNEAPOLIS MN 55407 | EDEN PROGRAMS INC | APARTMENT | $0 | 85 ft |
| 516 28TH ST E MINNEAPOLIS MN 55408 | CB PRG PORTFOLIO II L P | VACANT LAND-APARTMENT | $63,500 | 112 ft |
| 2729 5TH AVE S MINNEAPOLIS MN 55408 | FADLI MOHAMED | CONDOMINIUM | $262,100 | 142 ft |
| 2722 PORTLAND AVE MINNEAPOLIS MN 55407 | ABDIKAFI MOHAMED GELLE | CONDOMINIUM | $244,800 | 144 ft |
| 2724 PORTLAND AVE MINNEAPOLIS MN 55407 | LUCY LOPEZ & HERBERTH LOPEZ | CONDOMINIUM | $244,800 | 144 ft |
| MN | Unknown | — | — | 144 ft |
| MN | Unknown | — | — | 147 ft |
| 2737 5TH AVE S MINNEAPOLIS MN 55408 | TAMIRU DEGAFA | CONDOMINIUM | $227,500 | 149 ft |
| 2739 5TH AVE S MINNEAPOLIS MN 55408 | A MOHAMED & M S MOHAMED | CONDOMINIUM | $289,700 | 149 ft |
| MN | Unknown | — | — | 149 ft |
Most Recent Sale
Current Tax Year