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 ↗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.
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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2501 PORTLAND AVE MINNEAPOLIS MN 55404 | ST MARY'S UNIVERSITY OF MINN | LAND-COMMERCIAL | $0 | 118 ft |
| 2523 PORTLAND AVE MINNEAPOLIS MN 55404 | ES TOWERS L P | LOW INCOME RENTAL | $13,500,000 | 133 ft |
| 612 25TH ST E MINNEAPOLIS MN 55404 | M M CHINO & M C J S MARQUEZ | RESIDENTIAL | $162,000 | 190 ft |
| 614 25TH ST E MINNEAPOLIS MN 55404 | NORMA PEREZ CABALLERO | RESIDENTIAL | $182,000 | 193 ft |
| 616 25TH ST E MINNEAPOLIS MN 55404 | T IMBU JR & S A SCHLEETER | RESIDENTIAL | $167,000 | 205 ft |
| 2445 PORTLAND AVE MINNEAPOLIS MN 55404 | 2445 PORTLAND AVE SOUTH LLC | LOW INCOME RENTAL | $421,000 | 208 ft |
| 2444 OAKLAND AVE MINNEAPOLIS MN 55404 | JOSE F GONZALEZ DELGADO | RESIDENTIAL-TWO UNIT | $278,000 | 240 ft |
| 2441 PORTLAND AVE MINNEAPOLIS MN 55404 | TRUY V LE | APARTMENT | $436,000 | 252 ft |
| 2500 PARK AVE MINNEAPOLIS MN 55404 | ST MARY'S COLLEGE OF MN | COMMERCIAL-PREFERRED | $0 | 281 ft |
| 2440 OAKLAND AVE MINNEAPOLIS MN 55404 | JOSE F GONZALEZ DELGADO | RESIDENTIAL-TWO UNIT | $245,900 | 287 ft |
Current Tax Year