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.
3 permits on record since 2017 · $21K total declared value · Most recent: Jul 2023 (misc)
RowCal Const & Maintenance
MN PLUMBING AND APPLIANCES
CHAMPION PLUMBING 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 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 small multifamily (2–4 units, wood frame) benchmarks for 2,296 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2638 PORTLAND AVE MINNEAPOLIS MN 55407 | A M YUSUF & K ABDI | CONDOMINIUM | $301,900 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2634 PORTLAND AVE MINNEAPOLIS MN 55407 | VIRGION GRANGER | CONDOMINIUM | $258,100 | 54 ft |
| 2642 PORTLAND AVE MINNEAPOLIS MN 55407 | MOHAMED ADAN ABDULLAHI | CONDOMINIUM | $302,900 | 55 ft |
| 2630 PORTLAND AVE MINNEAPOLIS MN 55407 | WAHEID AHMED SIRAACH | CONDOMINIUM | $304,000 | 103 ft |
| 2648 PORTLAND AVE MINNEAPOLIS MN 55407 | HUSSEIN FAQID & WARIS BASHI | CONDOMINIUM | $277,400 | 127 ft |
| 2650 PORTLAND AVE MINNEAPOLIS MN 55407 | HAWA W ALI | CONDOMINIUM | $265,200 | 127 ft |
| MN | Unknown | — | — | 127 ft |
| MN | Unknown | — | — | 149 ft |
| 2624 PORTLAND AVE MINNEAPOLIS MN 55407 | PINEWOOD LLC | CONDOMINIUM | $280,500 | 158 ft |
Most Recent Sale
Current Tax Year