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 ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Within the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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
Residential Mixed-Use 3 — higher-density mixed 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 mid-rise concrete (50+ units) benchmarks for 21,862 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2832 5TH AVE S MINNEAPOLIS MN 55408 | URBAN VENTURES LEADERSHIP | LAND-COMMERCIAL | $0 | 62 ft |
| 2839 4TH AVE S MINNEAPOLIS MN 55408 | URBN VENTURES LDRSHP FNDTION | LAND-COMMERCIAL | $0 | 123 ft |
| 2801 4TH AVE S MINNEAPOLIS MN 55408 | NORWEST MORTGAGE INC | COMMERCIAL-PREFERRED | $1,161,000 | 197 ft |
| 2843 4TH AVE S MINNEAPOLIS MN 55408 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 235 ft |
| 2821 5TH AVE S MINNEAPOLIS MN 55408 | URBAN VENTURES LDRSHP FNDTN | LAND-COMMERCIAL | $0 | 256 ft |
| 2817 5TH AVE S MINNEAPOLIS MN 55408 | RONALD B BENSON | RESIDENTIAL | $182,000 | 297 ft |
| 2813 5TH AVE S MINNEAPOLIS MN 55408 | KELLY L MONTES | RESIDENTIAL | $226,000 | 319 ft |
| 2841 5TH AVE S MINNEAPOLIS MN 55408 | URBN VENTURES LDRSHP FNDTION | LAND-COMMERCIAL | $0 | 344 ft |
| 2809 5TH AVE S MINNEAPOLIS MN 55408 | JOSEPHINE E VENUS | RESIDENTIAL | $176,000 | 345 ft |
| 2835 CLINTON AVE MINNEAPOLIS MN 55408 | URBN VENTURES LDRSHP FNDTION | LAND-COMMERCIAL | $0 | 365 ft |
Current Tax Year