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.
2 permits on record since 2022 · $36K total declared value · Most recent: Sep 2025 (misc)
JORGE R RIVAS
Canfield Creations
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 3,099 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2709 PORTLAND AVE MINNEAPOLIS MN 55407 | BETTER HOUSING LLC | TRIPLEX | $513,600 | 67 ft |
| 615 27TH ST E MINNEAPOLIS MN 55407 | J SELVAGGIO INIT LTD PTRNSHP | LOW INCOME RENTAL | $497,000 | 93 ft |
| 2713 PORTLAND AVE MINNEAPOLIS MN 55407 | ZEYNAB ADBULLE | RESIDENTIAL-TWO UNIT | $243,600 | 120 ft |
| 2710 OAKLAND AVE MINNEAPOLIS MN 55407 | J SELVAGGIO INIT LTD PTRNSHP | LOW INCOME RENTAL | $71,000 | 145 ft |
| 2653 PORTLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $508,000 | 145 ft |
| 621 27TH ST E MINNEAPOLIS MN 55407 | JOSEPH SELVAGGIO INT LTD PTN | LOW INCOME RENTAL | $497,000 | 155 ft |
| 610 27TH ST E MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $501,000 | 156 ft |
| 2715 PORTLAND AVE MINNEAPOLIS MN 55407 | TRUDY WHITE | RESIDENTIAL | $156,000 | 161 ft |
| 2712 OAKLAND AVE MINNEAPOLIS MN 55407 | LEAH A HINIKER | RESIDENTIAL-TWO UNIT | $287,800 | 172 ft |
| 2644 OAKLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $501,000 | 195 ft |
Most Recent Sale
Current Tax Year