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.
5 permits on record since 2007 · $9.7M total declared value · Most recent: Oct 2024 (remodel)
SERVPRO OF MINNETONKA
Corval Constructors 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
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 22,692 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2505 PORTLAND AVE MINNEAPOLIS MN 55404 | ST MARY'S UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 133 ft |
| 2501 PORTLAND AVE MINNEAPOLIS MN 55404 | ST MARY'S UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 206 ft |
| 2544 OAKLAND AVE MINNEAPOLIS MN 55404 | PORTLAND GROUP LLC | MED/CARE FACILITY | $0 | 215 ft |
| 2518 PORTLAND AVE MINNEAPOLIS MN 55404 | P H THOMPSON & E THOMPSON | RESIDENTIAL-TWO UNIT | $281,200 | 265 ft |
| 2524 PORTLAND AVE MINNEAPOLIS MN 55404 | ANDRE QUINN DUKE | LOW INCOME RENTAL | $556,000 | 271 ft |
| 2508 PORTLAND AVE MINNEAPOLIS MN 55404 | STEVEN JILEK | APARTMENT | $507,000 | 276 ft |
| 2526 PORTLAND AVE MINNEAPOLIS MN 55404 | M C ZUMBA DE ZHAGUI ET AL | TRIPLEX | $383,700 | 286 ft |
| 2504 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT & ANN DEHOFF | LOW INCOME RENTAL | $453,000 | 298 ft |
| 2528 PORTLAND AVE MINNEAPOLIS MN 55404 | 2528 PORTLAND AVE S LLC | LOW INCOME RENTAL | $752,000 | 307 ft |
| 2445 PORTLAND AVE MINNEAPOLIS MN 55404 | 2445 PORTLAND AVE SOUTH LLC | LOW INCOME RENTAL | $421,000 | 315 ft |
Most Recent Sale
Current Tax Year