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.
5 permits on record since 2021 · $2K total declared value · Most recent: Apr 2025 (res)
Urban Pine Plumbing and Mechanical Inc
Professional Mechanical Services LLC
Blue Ribbon Builders LLC
Jake the Plumber LLC
Airic's Heating & Air Conditioning Inc
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
Urban Neighborhood 2 — moderate-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 5,725 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 618 24TH ST E MINNEAPOLIS MN 55404 | F ZHININ & M MOSCOSO | RESIDENTIAL-TWO UNIT | $233,100 | 62 ft |
| 2226 OAKLAND AVE MINNEAPOLIS MN 55404 | NEW AMERICAN DEVELOPMNT CTR | LAND-COMMERCIAL | $0 | 138 ft |
| 2313 PORTLAND AVE MINNEAPOLIS MN 55404 | OLU'S LLC | RESIDENTIAL-TWO UNIT | $233,000 | 145 ft |
| 2311 PORTLAND AVE MINNEAPOLIS MN 55404 | PEGGY WHITE | RESIDENTIAL | $203,000 | 150 ft |
| 2315 PORTLAND AVE MINNEAPOLIS MN 55404 | HUSSEIN ABDI & HAWO MOHAMUD | RESIDENTIAL | $295,000 | 151 ft |
| 2309 PORTLAND AVE MINNEAPOLIS MN 55404 | SAFIYA AHMED/RUQUYO M HASSAN | RESIDENTIAL-TWO UNIT | $386,300 | 168 ft |
| 2305 PORTLAND AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESGN LTD PTNRSHP | LOW INCOME RENTAL | $395,900 | 198 ft |
| 2318 PARK AVE MINNEAPOLIS MN 55404 | ABSA PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,640,000 | 221 ft |
| 2301 PORTLAND AVE MINNEAPOLIS MN 55404 | ERYN TRIMMER/CAROLYN FELDMAN | RESIDENTIAL | $484,000 | 235 ft |
| 2222 OAKLAND AVE MINNEAPOLIS MN 55404 | NEW AMERICAN DEVELOPMNT CTR | LAND-COMMERCIAL | $0 | 237 ft |
Most Recent Sale
Current Tax Year