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.
6 permits on record since 2017 · $18K total declared value · Most recent: Apr 2022 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Mike's Custom Mechanical Inc
PMI DIRECT LLC
Mike's Custom Mechanical Inc
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 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 3,313 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2609 COLUMBUS AVE MINNEAPOLIS MN 55407 | DAVID SCOTT GAMRADT | RESIDENTIAL-TWO UNIT | $345,800 | 45 ft |
| 2601 COLUMBUS AVE MINNEAPOLIS MN 55407 | N L MILLER & M J MILLER | TRIPLEX | $464,900 | 46 ft |
| 2615 COLUMBUS AVE MINNEAPOLIS MN 55407 | DANIEL M FERNANDEZ | RESIDENTIAL | $162,000 | 85 ft |
| 731 26TH ST E MINNEAPOLIS MN 55404 | MICHAEL T GAUGHAN | RESIDENTIAL | $149,700 | 106 ft |
| 2617 COLUMBUS AVE MINNEAPOLIS MN 55407 | PAUL SACTA | RESIDENTIAL-TWO UNIT | $286,600 | 125 ft |
| 2606 CHICAGO AVE MINNEAPOLIS MN 55407 | MINN BIRTH CENTER PROPERTIES | COMMERCIAL-PREFERRED | $873,000 | 135 ft |
| 2608 CHICAGO AVE MINNEAPOLIS MN 55407 | AGJRA LLC | RESIDENTIAL-TWO UNIT | $357,600 | 140 ft |
| 2612 CHICAGO AVE MINNEAPOLIS MN 55407 | DAVID C SPARTZ | RESIDENTIAL | $164,900 | 159 ft |
| 2600 CHICAGO AVE MINNEAPOLIS MN 55407 | JUAN ULISES MENDEZ | RESIDENTIAL-TWO UNIT | $261,300 | 163 ft |
| 2621 COLUMBUS AVE MINNEAPOLIS MN 55407 | ST CROIX LOFTS LLC | RESIDENTIAL-TWO UNIT | $278,100 | 165 ft |
Most Recent Sale
Current Tax Year