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.
7 permits on record since 2017 · $9.7M total declared value · Most recent: Feb 2026 (remodel)
Bauer Services II, Inc
MOORHEAD MACHINERY AND BOILER CO
Go Fetsch Mechanical LLC
United States Mechanical Inc
United States 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
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 45,379 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2722 PARK AVE MINNEAPOLIS MN 55407 | COSMOPOLITAN BUS PROP LLC | COMMERCIAL-PREFERRED | $1,530,000 | 149 ft |
| 621 27TH ST E MINNEAPOLIS MN 55407 | EQUITY BUILD LLC | LOW INCOME RENTAL | $497,000 | 224 ft |
| 2710 OAKLAND AVE MINNEAPOLIS MN 55407 | J SELVAGGIO INIT LTD PTRNSHP | LOW INCOME RENTAL | $71,000 | 246 ft |
| 2712 OAKLAND AVE MINNEAPOLIS MN 55407 | LEAH A HINIKER | RESIDENTIAL-TWO UNIT | $287,800 | 251 ft |
| 2718 OAKLAND AVE MINNEAPOLIS MN 55407 | BRANDON JOHN STEWART | RESIDENTIAL | $170,000 | 262 ft |
| 2742 PARK AVE MINNEAPOLIS MN 55407 | COSMOPOLITAN BUS PROP LLC | LAND-COMMERCIAL | $649,300 | 271 ft |
| 2720 OAKLAND AVE MINNEAPOLIS MN 55407 | LOWERY BECK SMITH R E LLC | RESIDENTIAL | $136,000 | 279 ft |
| 615 27TH ST E MINNEAPOLIS MN 55407 | J SELVAGGIO INIT LTD PTRNSHP | LOW INCOME RENTAL | $497,000 | 284 ft |
| 2644 OAKLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $501,000 | 292 ft |
| 2724 OAKLAND AVE MINNEAPOLIS MN 55407 | E S C HICAY & E Z TAZA | RESIDENTIAL | $198,000 | 300 ft |
Most Recent Sale
Current Tax Year