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 2022 · $5.6M total declared value · Most recent: Jan 2023 (commfdnr)
Centraire Heating & Air Conditioning LLC
NEW LIFE GARDENS LLC
RT Moore Co MN 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
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 5-over-1 podium (12–50 units) benchmarks for 8,922 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2715 COLUMBUS AVE MINNEAPOLIS MN 55407 | LEETA SONG | RESIDENTIAL-TWO UNIT | $281,400 | 85 ft |
| 2717 COLUMBUS AVE MINNEAPOLIS MN 55407 | BONNIE K PETERSON | RESIDENTIAL | $183,100 | 127 ft |
| 2704 CHICAGO AVE MINNEAPOLIS MN 55407 | HOWARD MOSTAD & KIRA MOSTAD | RESIDENTIAL | $278,400 | 135 ft |
| 2708 CHICAGO AVE MINNEAPOLIS MN 55407 | MOHAMED ADEN | RESIDENTIAL | $276,000 | 141 ft |
| 739 27TH ST E MINNEAPOLIS MN 55407 | KIRA K MOSTAD/HOWARD MOSTAD | APARTMENT | $504,000 | 142 ft |
| 2649 COLUMBUS AVE MINNEAPOLIS MN 55407 | CALAH K DELAURENTIS | RESIDENTIAL-TWO UNIT | $294,000 | 145 ft |
| 2714 CHICAGO AVE MINNEAPOLIS MN 55407 | ANDREW & BROOKE E FAUDREE | RESIDENTIAL-TWO UNIT | $425,900 | 158 ft |
| 2721 COLUMBUS AVE MINNEAPOLIS MN 55407 | S M KLANCKE & S L JOHNSON | APARTMENT | $342,000 | 170 ft |
| 2718 CHICAGO AVE MINNEAPOLIS MN 55407 | PN20, LLC | APARTMENT | $503,000 | 184 ft |
| 2645 COLUMBUS AVE MINNEAPOLIS MN 55407 | JAMES WATSON | RESIDENTIAL | $252,800 | 187 ft |
Current Tax Year