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 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.
1 permit on record since 2010 · $55K total declared value · Most recent: Jul 2010 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-density mixed 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 mid-rise concrete (50+ units) benchmarks for 27,730 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2304 PARK AVE MINNEAPOLIS MN 55404 | NEW AMERICAN DEVELOPMNT CTR | COMMERCIAL-PREFERRED | $0 | 148 ft |
| 620 24TH ST E MINNEAPOLIS MN 55404 | ABDI PROPERTY LLC | RESIDENTIAL-TWO UNIT | $665,700 | 221 ft |
| 2226 OAKLAND AVE MINNEAPOLIS MN 55404 | NEW AMERICAN DEVELOPMNT CTR | LAND-COMMERCIAL | $0 | 270 ft |
| 618 24TH ST E MINNEAPOLIS MN 55404 | F ZHININ & M MOSCOSO | RESIDENTIAL-TWO UNIT | $233,100 | 282 ft |
| 2222 PARK AVE MINNEAPOLIS MN 55404 | NURUL-IMAN INSTITUTE | COMMERCIAL-PREFERRED | $262,900 | 299 ft |
| 2222 OAKLAND AVE MINNEAPOLIS MN 55404 | NEW AMERICAN DEVELOPMNT CTR | LAND-COMMERCIAL | $0 | 328 ft |
| 2400 PARK AVE MINNEAPOLIS MN 55404 | CENTER FOR CHANGING LIVES | COMMERCIAL-PREFERRED | $0 | 347 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $10,200 | 347 ft |
| 2414 PARK AVE MINNEAPOLIS MN 55404 | HENN CTY HSG & RDVLPT ATHY | APARTMENT | $0 | 347 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $276,000 | 347 ft |
Most Recent Sale
Current Tax Year