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.
1 permit on record since 2004 · $100K total declared value · Most recent: Mar 2004 (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
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2450 PARK AVE MINNEAPOLIS MN 55404 | ST MARY'S UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $0 | 97 ft |
| 616 25TH ST E MINNEAPOLIS MN 55404 | T IMBU JR & S A SCHLEETER | RESIDENTIAL | $167,000 | 237 ft |
| 2400 PARK AVE MINNEAPOLIS MN 55404 | CENTER FOR CHANGING LIVES | COMMERCIAL-PREFERRED | $0 | 242 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $10,200 | 242 ft |
| 2414 PARK AVE MINNEAPOLIS MN 55404 | HENN CTY HSG & RDVLPT ATHY | APARTMENT | $0 | 242 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $276,000 | 242 ft |
| 2414 PARK AVE MINNEAPOLIS MN 55404 | HENN CTY HSG & RDVLPT ATHY | APARTMENT | $0 | 242 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $276,000 | 242 ft |
| 2400 PARK AVE MINNEAPOLIS MN 55404 | CENTER FOR CHANGING LIVES | COMMERCIAL-PREFERRED | $0 | 242 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $277,000 | 242 ft |
Most Recent Sale
Current Tax Year