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.
4 permits on record since 2000 · $757K total declared value · Most recent: Nov 2024 (commercial minor)
HANSEN PLUMBING
Binder Heating and Air Conditioning Inc
Kennedy Property Development LLC
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
Urban Neighborhood 2 — moderate-density 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 2,418 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 621 27TH ST E MINNEAPOLIS MN 55407 | JOSEPH SELVAGGIO INT LTD PTN | LOW INCOME RENTAL | $497,000 | 62 ft |
| 2710 OAKLAND AVE MINNEAPOLIS MN 55407 | J SELVAGGIO INIT LTD PTRNSHP | LOW INCOME RENTAL | $71,000 | 74 ft |
| 611 27TH ST E MINNEAPOLIS MN 55407 | JORGE R RIVAS | RESIDENTIAL-TWO UNIT | $324,300 | 93 ft |
| 2709 PORTLAND AVE MINNEAPOLIS MN 55407 | BETTER HOUSING LLC | TRIPLEX | $513,600 | 110 ft |
| 2712 OAKLAND AVE MINNEAPOLIS MN 55407 | LEAH A HINIKER | RESIDENTIAL-TWO UNIT | $287,800 | 115 ft |
| 610 27TH ST E MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $501,000 | 134 ft |
| 2644 OAKLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $501,000 | 143 ft |
| 2713 PORTLAND AVE MINNEAPOLIS MN 55407 | ZEYNAB ADBULLE | RESIDENTIAL-TWO UNIT | $243,600 | 146 ft |
| 2718 OAKLAND AVE MINNEAPOLIS MN 55407 | BRANDON JOHN STEWART | RESIDENTIAL | $170,000 | 155 ft |
| 2715 PORTLAND AVE MINNEAPOLIS MN 55407 | TRUDY WHITE | RESIDENTIAL | $156,000 | 179 ft |
Most Recent Sale
Current Tax Year