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.
3 permits on record since 2023 · $4.8M total declared value · Most recent: Jul 2023 (commfdrr)
United States Mechanical Inc
United States Mechanical Inc
FRERICHS CONSTRUCTION CO
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 small multifamily (2–4 units, wood frame) benchmarks for 3,624 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2613 PORTLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $474,000 | 52 ft |
| 2601 PORTLAND AVE MINNEAPOLIS MN 55407 | E LARSEN & K WRIGHT | TRIPLEX | $518,700 | 72 ft |
| 2617 PORTLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | LOW INCOME RENTAL | $257,000 | 89 ft |
| 613 26TH ST E MINNEAPOLIS MN 55404 | ART INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $298,000 | 109 ft |
| 2619 PORTLAND AVE MINNEAPOLIS MN 55407 | TALMAGE OAKLAND LP | VACANT LAND-RESIDENTIAL | $6,000 | 113 ft |
| 2600 OAKLAND AVE MINNEAPOLIS MN 55407 | SHAWN E CUMBER | CONDOMINIUM | $176,000 | 138 ft |
| 2600 OAKLAND AVE MINNEAPOLIS MN 55407 | DOROTHY A COLLINS | CONDOMINIUM | $159,000 | 138 ft |
| 2602 OAKLAND AVE MINNEAPOLIS MN 55407 | MARY LEE PETERSON | CONDOMINIUM | $176,000 | 138 ft |
| 2602 OAKLAND AVE MINNEAPOLIS MN 55407 | BYRON LEE | CONDOMINIUM | $154,000 | 138 ft |
| 2606 OAKLAND AVE MINNEAPOLIS MN 55407 | NORA K KOTVIS | CONDOMINIUM | $172,000 | 138 ft |
Most Recent Sale
Current Tax Year