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.
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 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 2,696 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2649 COLUMBUS AVE MINNEAPOLIS MN 55407 | CALAH K DELAURENTIS | RESIDENTIAL-TWO UNIT | $294,000 | 42 ft |
| 2631 COLUMBUS AVE MINNEAPOLIS MN 55407 | 2736 LLC | APARTMENT | $2,894,000 | 104 ft |
| 738 27TH ST E MINNEAPOLIS MN 55407 | SUNVEST INTERNATIONAL INC | APARTMENT | $1,080,000 | 141 ft |
| 2644 CHICAGO AVE MINNEAPOLIS MN 55407 | ZANZIBAR FINANCING INC | APARTMENT | $2,531,000 | 142 ft |
| 2705 COLUMBUS AVE MINNEAPOLIS MN 55407 | NEW LIFE GARDENS LLC | LOW INCOME RENTAL | $5,253,000 | 187 ft |
| 739 27TH ST E MINNEAPOLIS MN 55407 | KIRA K MOSTAD/HOWARD MOSTAD | APARTMENT | $504,000 | 197 ft |
| 2625 COLUMBUS AVE MINNEAPOLIS MN 55407 | STANLEY ALCENAT | APARTMENT | $448,000 | 210 ft |
| 2630 CHICAGO AVE MINNEAPOLIS MN 55407 | SERNEE LLC | APARTMENT | $1,967,000 | 218 ft |
| 2704 CHICAGO AVE MINNEAPOLIS MN 55407 | HOWARD MOSTAD & KIRA MOSTAD | RESIDENTIAL | $278,400 | 230 ft |
| 2649 PARK AVE MINNEAPOLIS MN 55407 | RIVERLINE CORPORATION | COMMERCIAL-PREFERRED | $1,400,000 | 246 ft |
Most Recent Sale
Current Tax Year