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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
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 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 3,303 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2445 PORTLAND AVE MINNEAPOLIS MN 55404 | 2445 PORTLAND AVE SOUTH LLC | LOW INCOME RENTAL | $421,000 | 48 ft |
| 2437 PORTLAND AVE MINNEAPOLIS MN 55404 | TING JING ZHENG | RESIDENTIAL-TWO UNIT | $243,600 | 50 ft |
| 612 25TH ST E MINNEAPOLIS MN 55404 | M M CHINO & M C J S MARQUEZ | RESIDENTIAL | $162,000 | 95 ft |
| 2435 PORTLAND AVE MINNEAPOLIS MN 55404 | PRAMOD B KHAKURAL | RESIDENTIAL-TWO UNIT | $258,600 | 99 ft |
| 2444 OAKLAND AVE MINNEAPOLIS MN 55404 | JOSE F GONZALEZ DELGADO | RESIDENTIAL-TWO UNIT | $278,000 | 124 ft |
| 2433 PORTLAND AVE MINNEAPOLIS MN 55404 | LSS SUPPORTIVE HOUSING LLC | LAND-COMMERCIAL | $23,900 | 130 ft |
| 614 25TH ST E MINNEAPOLIS MN 55404 | NORMA PEREZ CABALLERO | RESIDENTIAL | $182,000 | 133 ft |
| 2440 OAKLAND AVE MINNEAPOLIS MN 55404 | JOSE F GONZALEZ DELGADO | RESIDENTIAL-TWO UNIT | $245,900 | 133 ft |
| 2501 PORTLAND AVE MINNEAPOLIS MN 55404 | ST MARY'S UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 158 ft |
| 2429 PORTLAND AVE MINNEAPOLIS MN 55404 | LLS SUPPORTIVE HOUSING LLC | LOW INCOME RENTAL | $383,700 | 159 ft |
Most Recent Sale
Current Tax Year