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 ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 small multifamily (2–4 units, wood frame) benchmarks for 1,957 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2906 PORTLAND AVE MINNEAPOLIS MN 55407 | ESTEHELA ARIAS SIBRI | RESIDENTIAL-TWO UNIT | $224,800 | 42 ft |
| 2908 PORTLAND AVE MINNEAPOLIS MN 55407 | DAVID A NELSON | RESIDENTIAL | $194,000 | 85 ft |
| 2857 5TH AVE S MINNEAPOLIS MN 55408 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 126 ft |
| 2914 PORTLAND AVE MINNEAPOLIS MN 55407 | GOLDEN INVESTMENTS LLC | LOW INCOME RENTAL | $233,800 | 128 ft |
| 2901 5TH AVE S MINNEAPOLIS MN 55408 | VERIZON WIRELESS (VAW) LLC | LAND-COMMERCIAL | $245,700 | 130 ft |
| 2905 5TH AVE S MINNEAPOLIS MN 55408 | VERIZON WIRELESS (VAW) LLC | LAND-COMMERCIAL | $76,800 | 137 ft |
| 2909 5TH AVE S MINNEAPOLIS MN 55408 | VERIZON WIRELESS (VAW) LLC | LAND-COMMERCIAL | $276,800 | 156 ft |
| 2916 PORTLAND AVE MINNEAPOLIS MN 55407 | 2916 LLC | APARTMENT | $391,000 | 181 ft |
| 2915 5TH AVE S MINNEAPOLIS MN 55408 | PEDER TRELSTAD | RESIDENTIAL | $168,400 | 183 ft |
| 2841 5TH AVE S MINNEAPOLIS MN 55408 | URBN VENTURES LDRSHP FNDTION | LAND-COMMERCIAL | $0 | 213 ft |
Most Recent Sale
Current Tax Year