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 2014 · $234K total declared value · Most recent: Nov 2024 (commercial minor)
Rhinex Contractor Inc
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Safe Basements of MN
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2523 PORTLAND AVE MINNEAPOLIS MN 55404 | ES TOWERS L P | LOW INCOME RENTAL | $13,500,000 | 215 ft |
| 613 26TH ST E MINNEAPOLIS MN 55404 | ART INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $298,000 | 272 ft |
| 2601 PORTLAND AVE MINNEAPOLIS MN 55407 | E LARSEN & K WRIGHT | TRIPLEX | $518,700 | 276 ft |
| 2530 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT STACHOWIAK | TRIPLEX | $310,600 | 287 ft |
| 2532 PORTLAND AVE MINNEAPOLIS MN 55404 | ROBERT STACHOWIAK | RESIDENTIAL-TWO UNIT | $210,800 | 287 ft |
| 2540 PORTLAND AVE MINNEAPOLIS MN 55404 | C A & M H TRUDELL TRUSTEES | APARTMENT | $549,000 | 292 ft |
| 2528 PORTLAND AVE MINNEAPOLIS MN 55404 | 2528 PORTLAND AVE S LLC | LOW INCOME RENTAL | $752,000 | 292 ft |
| 2526 PORTLAND AVE MINNEAPOLIS MN 55404 | M C ZUMBA DE ZHAGUI ET AL | TRIPLEX | $383,700 | 305 ft |
| 2540 PARK AVE MINNEAPOLIS MN 55404 | ST MARY'S UNIVERSITY OF MINN | COMMERCIAL-PREFERRED | $0 | 307 ft |
| 2546 PORTLAND AVE MINNEAPOLIS MN 55404 | GREGORY B NELSON | RESIDENTIAL | $898,000 | 309 ft |