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.
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
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on sfr / adu benchmarks for 149 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2905 2ND AVE S MINNEAPOLIS MN 55408 | KAREN A MEYER | RESIDENTIAL | $142,000 | 41 ft |
| 2909 2ND AVE S MINNEAPOLIS MN 55408 | BETTY JANE GRAVENING | RESIDENTIAL | $197,300 | 83 ft |
| 2913 2ND AVE S MINNEAPOLIS MN 55408 | ANNICE MILLER | RESIDENTIAL | $158,000 | 126 ft |
| 2900 3RD AVE S MINNEAPOLIS MN 55408 | JOSEPH O OLSON | RESIDENTIAL-TWO UNIT | $330,000 | 136 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 138 ft |
| 2904 3RD AVE S MINNEAPOLIS MN 55408 | JOSEPH O OLSON | RESIDENTIAL-TWO UNIT | $342,300 | 145 ft |
| 2908 3RD AVE S MINNEAPOLIS MN 55408 | JOHN PETER ELLIASEN | RESIDENTIAL-TWO UNIT | $228,200 | 166 ft |
| 2919 2ND AVE S MINNEAPOLIS MN 55408 | JOSE JARA & JULIA MORA | RESIDENTIAL | $196,200 | 168 ft |
| 2912 3RD AVE S MINNEAPOLIS MN 55408 | J O OLSON & D H ROSS | TRIPLEX | $563,300 | 197 ft |
| 2921 2ND AVE S MINNEAPOLIS MN 55408 | ERIKA QUINTANA PINEDA | RESIDENTIAL | $168,000 | 209 ft |
Most Recent Sale
Current Tax Year