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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,560 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2805 5TH AVE S MINNEAPOLIS MN 55408 | MATTHEW D GLOVER | RESIDENTIAL | $215,000 | 44 ft |
| 2809 5TH AVE S MINNEAPOLIS MN 55408 | JOSEPHINE E VENUS | RESIDENTIAL | $176,000 | 84 ft |
| 2813 5TH AVE S MINNEAPOLIS MN 55408 | KELLY L MONTES | RESIDENTIAL | $226,000 | 124 ft |
| 2800 PORTLAND AVE MINNEAPOLIS MN 55407 | PHILLIPS REDESGN LTD PTNRSHP | LOW INCOME RENTAL | $418,600 | 131 ft |
| 2804 PORTLAND AVE MINNEAPOLIS MN 55407 | PHILLIPS REDESGN LTD PTNRSHP | LOW INCOME RENTAL | $415,200 | 139 ft |
| 2810 PORTLAND AVE MINNEAPOLIS MN 55407 | PHILLIPS REDESGN LTD PTNRSHP | LOW INCOME RENTAL | $418,600 | 163 ft |
| 2817 5TH AVE S MINNEAPOLIS MN 55408 | RONALD B BENSON | RESIDENTIAL | $182,000 | 164 ft |
| 2737 5TH AVE S MINNEAPOLIS MN 55408 | TAMIRU DEGAFA | CONDOMINIUM | $227,500 | 178 ft |
| 2739 5TH AVE S MINNEAPOLIS MN 55408 | A MOHAMED & M S MOHAMED | CONDOMINIUM | $289,700 | 178 ft |
| MN | Unknown | — | — | 178 ft |
Most Recent Sale
Current Tax Year