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 · $40K total declared value · Most recent: Jul 2023 (misc)
RowCal Const & Maintenance
SEARS HOME IMPROVEMENT PRODUCTS INC
MN PLUMBING AND APPLIANCES
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
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 2,892 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2709 5TH AVE S MINNEAPOLIS MN 55408 | BALQISA O HASSAN | CONDOMINIUM | $292,700 | 46 ft |
| 2717 5TH AVE S MINNEAPOLIS MN 55408 | V LOPEZ-ESPINOZA ET AL | CONDOMINIUM | $262,100 | 49 ft |
| 2707 5TH AVE S MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $10,000 | 98 ft |
| MN | Unknown | — | — | 105 ft |
| 2719 5TH AVE S MINNEAPOLIS MN 55408 | MOHAMED A SULEYMAN | CONDOMINIUM | $288,700 | 107 ft |
| 2721 5TH AVE S MINNEAPOLIS MN 55408 | KEVIN/LYNN FARMER REV TRUST | CONDOMINIUM | $271,300 | 107 ft |
| MN | Unknown | — | — | 107 ft |
| 2705 5TH AVE S MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $29,000 | 133 ft |
| 2720 PORTLAND AVE MINNEAPOLIS MN 55407 | A HAGI-SUFI/O HAGI-SUFI ETAL | CONDOMINIUM | $262,100 | 135 ft |
| 2716 PORTLAND AVE MINNEAPOLIS MN 55407 | FATIMA ALI MOHAMUD | CONDOMINIUM | $259,100 | 137 ft |
Most Recent Sale
Current Tax Year