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.
1 permit on record since 2016 · $22K total declared value · Most recent: Dec 2016 (chap249)
H and T Trucking 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 sfr / adu benchmarks for 1,107 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2617 PORTLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $257,000 | 24 ft |
| 2621 PORTLAND AVE MINNEAPOLIS MN 55407 | JANET JIMENEZ-OLIVO | RESIDENTIAL | $321,000 | 36 ft |
| 2613 PORTLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $474,000 | 61 ft |
| 2625 PORTLAND AVE MINNEAPOLIS MN 55407 | K W & I WOODARD | RESIDENTIAL | $287,000 | 84 ft |
| 2609 PORTLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $729,000 | 113 ft |
| 2631 PORTLAND AVE MINNEAPOLIS MN 55407 | JON S DEVAAL | RESIDENTIAL | $308,000 | 132 ft |
| 2624 OAKLAND AVE MINNEAPOLIS MN 55407 | STEVEN P MARTINSON | RESIDENTIAL | $208,000 | 154 ft |
| 2600 OAKLAND AVE MINNEAPOLIS MN 55407 | SHAWN E CUMBER | CONDOMINIUM | $176,000 | 155 ft |
| 2600 OAKLAND AVE MINNEAPOLIS MN 55407 | DOROTHY A COLLINS | CONDOMINIUM | $159,000 | 155 ft |
| 2602 OAKLAND AVE MINNEAPOLIS MN 55407 | MARY LEE PETERSON | CONDOMINIUM | $176,000 | 155 ft |
Most Recent Sale
Current Tax Year