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.
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
Residential Mixed-Use 3 — higher-density mixed 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.
Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 80,791 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2400 PARK AVE MINNEAPOLIS MN 55404 | CENTER FOR CHANGING LIVES | COMMERCIAL-PREFERRED | $0 | 0 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $10,200 | 0 ft |
| 2414 PARK AVE MINNEAPOLIS MN 55404 | HENN CTY HSG & RDVLPT ATHY | APARTMENT | $0 | 0 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $276,000 | 0 ft |
| 2414 PARK AVE MINNEAPOLIS MN 55404 | HENN CTY HSG & RDVLPT ATHY | APARTMENT | $0 | 0 ft |
| 2400 PARK AVE MINNEAPOLIS MN 55404 | CENTER FOR CHANGING LIVES | COMMERCIAL-PREFERRED | $0 | 0 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $277,000 | 0 ft |
| 2414 PARK AVE MINNEAPOLIS MN 55404 | HENN CTY HSG & RDVLPT ATHY | APARTMENT | $0 | 0 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $2,352,000 | 0 ft |
| 2418 PARK AVE MINNEAPOLIS MN 55404 | LSS PARK AVE APTS LTD PTRSHP | LOW INCOME RENTAL | $9,300 | 0 ft |
Current Tax Year