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
Residential Mixed-Use 3 — higher-density mixed 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.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2900 3RD AVE S MINNEAPOLIS MN 55408 | JOSEPH O OLSON | RESIDENTIAL-TWO UNIT | $330,000 | 183 ft |
| 2904 3RD AVE S MINNEAPOLIS MN 55408 | JOSEPH O OLSON | RESIDENTIAL-TWO UNIT | $342,300 | 231 ft |
| 2901 3RD AVE S MINNEAPOLIS MN 55408 | GREAT MN HOMES LLC | APARTMENT | $562,000 | 242 ft |
| 2901 2ND AVE S MINNEAPOLIS MN 55408 | JORGE RIVAS | VACANT LAND-RESIDENTIAL | $36,000 | 243 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 255 ft |
| 2908 3RD AVE S MINNEAPOLIS MN 55408 | JOHN PETER ELLIASEN | RESIDENTIAL-TWO UNIT | $228,200 | 277 ft |
| 2905 2ND AVE S MINNEAPOLIS MN 55408 | KAREN A MEYER | RESIDENTIAL | $142,000 | 277 ft |
| 2905 3RD AVE S MINNEAPOLIS MN 55408 | ATM PROPERTIES LLC | LOW INCOME RENTAL | $247,300 | 277 ft |
| 2836 CLINTON AVE MINNEAPOLIS MN 55408 | URBN VENTURES LDRSHP FNDTION | LAND-COMMERCIAL | $0 | 298 ft |
| 2909 2ND AVE S MINNEAPOLIS MN 55408 | BETTY JANE GRAVENING | RESIDENTIAL | $197,300 | 311 ft |