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 ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
3 permits on record since 2022 · $16K total declared value · Most recent: May 2024 (roofwind)
Minnesota Restoration Contractors INC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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
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 sfr / adu benchmarks for 258 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2704 CHICAGO AVE MINNEAPOLIS MN 55407 | HOWARD MOSTAD & KIRA MOSTAD | RESIDENTIAL | $278,400 | 43 ft |
| 2708 CHICAGO AVE MINNEAPOLIS MN 55407 | MOHAMED ADEN | RESIDENTIAL | $276,000 | 85 ft |
| 738 27TH ST E MINNEAPOLIS MN 55407 | SUNVEST INTERNATIONAL INC | APARTMENT | $1,080,000 | 102 ft |
| 2714 CHICAGO AVE MINNEAPOLIS MN 55407 | ANDREW & BROOKE E FAUDREE | RESIDENTIAL-TWO UNIT | $425,900 | 126 ft |
| 2705 COLUMBUS AVE MINNEAPOLIS MN 55407 | NEW LIFE GARDENS LLC | LOW INCOME RENTAL | $5,253,000 | 142 ft |
| 2649 COLUMBUS AVE MINNEAPOLIS MN 55407 | CALAH K DELAURENTIS | RESIDENTIAL-TWO UNIT | $294,000 | 168 ft |
| 2718 CHICAGO AVE MINNEAPOLIS MN 55407 | PN20, LLC | APARTMENT | $503,000 | 169 ft |
| 2715 COLUMBUS AVE MINNEAPOLIS MN 55407 | LEETA SONG | RESIDENTIAL-TWO UNIT | $281,400 | 186 ft |
| 2644 CHICAGO AVE MINNEAPOLIS MN 55407 | ZANZIBAR FINANCING INC | APARTMENT | $2,531,000 | 187 ft |
| 2645 COLUMBUS AVE MINNEAPOLIS MN 55407 | JAMES WATSON | RESIDENTIAL | $252,800 | 197 ft |
Most Recent Sale
Current Tax Year