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 ↗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 2018 · Most recent: Jan 2018 (existres)
CenterPoint Energy Resource Corp
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 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 7,351 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 500 27TH ST E MINNEAPOLIS MN 55408 | JAMES WILLIAM PAYNE IV | CONDOMINIUM | $268,300 | 0 ft |
| 502 27TH ST E MINNEAPOLIS MN 55408 | ANDREA LAZO-RICE TRUST | CONDOMINIUM | $232,600 | 0 ft |
| 504 27TH ST E MINNEAPOLIS MN 55408 | JAMES R CIMINO | CONDOMINIUM | $229,500 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2648 PORTLAND AVE MINNEAPOLIS MN 55407 | HUSSEIN FAQID & WARIS BASHI | CONDOMINIUM | $277,400 | 124 ft |
| 2650 PORTLAND AVE MINNEAPOLIS MN 55407 | HAWA W ALI | CONDOMINIUM | $265,200 | 124 ft |
| MN | Unknown | — | — | 124 ft |
| 505 27TH ST E MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $4,000 | 136 ft |
| 509 27TH ST E MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $4,000 | 140 ft |
| 501 27TH ST E MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $4,000 | 143 ft |
Most Recent Sale
Current Tax Year