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 ↗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
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 2,583 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2908 PORTLAND AVE MINNEAPOLIS MN 55407 | DAVID A NELSON | RESIDENTIAL | $194,000 | 43 ft |
| 2916 PORTLAND AVE MINNEAPOLIS MN 55407 | 2916 LLC | APARTMENT | $391,000 | 54 ft |
| 2906 PORTLAND AVE MINNEAPOLIS MN 55407 | ESTEHELA ARIAS SIBRI | RESIDENTIAL-TWO UNIT | $224,800 | 86 ft |
| 2922 PORTLAND AVE MINNEAPOLIS MN 55407 | 2922 LLC | TRIPLEX | $399,900 | 118 ft |
| 2900 PORTLAND AVE MINNEAPOLIS MN 55407 | 2900 LLC | VACANT LAND-APARTMENT | $66,200 | 128 ft |
| 2915 5TH AVE S MINNEAPOLIS MN 55408 | PEDER TRELSTAD | RESIDENTIAL | $168,400 | 130 ft |
| 2909 5TH AVE S MINNEAPOLIS MN 55408 | VERIZON WIRELESS (VAW) LLC | LAND-COMMERCIAL | $276,800 | 137 ft |
| 2917 5TH AVE S MINNEAPOLIS MN 55408 | JENNIFER L GILREATH | RESIDENTIAL | $199,000 | 138 ft |
| 2905 5TH AVE S MINNEAPOLIS MN 55408 | VERIZON WIRELESS (VAW) LLC | LAND-COMMERCIAL | $76,800 | 155 ft |
| 2921 5TH AVE S MINNEAPOLIS MN 55408 | 2921 LLC | APARTMENT | $392,000 | 157 ft |
Most Recent Sale
Current Tax Year