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.
5 permits on record since 2017 · $16K total declared value · Most recent: Jul 2024 (misc)
Summit Construction Group
Summit Construction Group
CENTERPOINT ENERGY
CENTERPOINT ENERGY
PRIORITY PLUMBING AND DRAINS
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 small multifamily (2–4 units, wood frame) benchmarks for 2,586 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 722 28TH ST E MINNEAPOLIS MN 55407 | ABUKAR ABDULKADIR ALI | RESIDENTIAL | $244,000 | 41 ft |
| 2745 COLUMBUS AVE MINNEAPOLIS MN 55407 | HENRY TIRADO LITUMA | RESIDENTIAL | $183,800 | 41 ft |
| 2741 COLUMBUS AVE MINNEAPOLIS MN 55407 | KELLY E MUELLMAN ET AL | RESIDENTIAL | $322,700 | 82 ft |
| 2737 COLUMBUS AVE MINNEAPOLIS MN 55407 | LILY JAHNER/JUSTIN JAHNER | RESIDENTIAL | $170,900 | 123 ft |
| 2748 CHICAGO AVE MINNEAPOLIS MN 55407 | PALLADIUM HOLDINGS LLC | RESIDENTIAL | $362,000 | 135 ft |
| 2744 CHICAGO AVE MINNEAPOLIS MN 55407 | T L ANDERSON & M J ANDERSON | RESIDENTIAL | $433,000 | 141 ft |
| 2752 CHICAGO AVE MINNEAPOLIS MN 55407 | M A BILLMAN/LISA J M-BILLMAN | RESIDENTIAL-TWO UNIT | $428,100 | 141 ft |
| 2740 CHICAGO AVE MINNEAPOLIS MN 55407 | SERKALEM DEMESSIE | RESIDENTIAL-TWO UNIT | $363,700 | 158 ft |
| 2733 COLUMBUS AVE MINNEAPOLIS MN 55407 | JAMES C ZALABSKY | RESIDENTIAL-TWO UNIT | $263,900 | 164 ft |
| 2736 CHICAGO AVE MINNEAPOLIS MN 55407 | J SELVAGGIO INIT LTD PTRNSHP | LOW INCOME RENTAL | $324,200 | 183 ft |
Most Recent Sale
Current Tax Year