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.
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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2722 PORTLAND AVE MINNEAPOLIS MN 55407 | ABDIKAFI MOHAMED GELLE | CONDOMINIUM | $244,800 | 0 ft |
| 2724 PORTLAND AVE MINNEAPOLIS MN 55407 | LUCY LOPEZ & HERBERTH LOPEZ | CONDOMINIUM | $244,800 | 0 ft |
| 2720 PORTLAND AVE MINNEAPOLIS MN 55407 | A HAGI-SUFI/O HAGI-SUFI ETAL | CONDOMINIUM | $262,100 | 50 ft |
| 2728 PORTLAND AVE MINNEAPOLIS MN 55407 | EDEN PROGRAMS INC | APARTMENT | $0 | 60 ft |
| 2716 PORTLAND AVE MINNEAPOLIS MN 55407 | FATIMA ALI MOHAMUD | CONDOMINIUM | $259,100 | 102 ft |
| 2718 PORTLAND AVE MINNEAPOLIS MN 55407 | A J EGEH & K K WARSAME | CONDOMINIUM | $259,100 | 102 ft |
| MN | Unknown | — | — | 102 ft |
| MN | Unknown | — | — | 105 ft |
| 2717 5TH AVE S MINNEAPOLIS MN 55408 | V LOPEZ-ESPINOZA ET AL | CONDOMINIUM | $262,100 | 133 ft |
| 2730 PORTLAND AVE MINNEAPOLIS MN 55407 | NEW VILLAGE LTD PTNSHP CO-OP | LOW INCOME RENTAL | $2,309,000 | 144 ft |