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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
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 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 5,179 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2835 PARK AVE MINNEAPOLIS MN 55407 | SOUTHSIDE COMMUNITY L P | LOW INCOME RENTAL | $1,141,000 | 45 ft |
| 2849 PARK AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 82 ft |
| 2833 PARK AVE MINNEAPOLIS MN 55407 | GOLDEN INVESTMENTS LLC | LOW INCOME RENTAL | $419,000 | 115 ft |
| 2844 COLUMBUS AVE MINNEAPOLIS MN 55407 | MIDWEST OIL L C | APARTMENT | $598,000 | 120 ft |
| 2830 COLUMBUS AVE MINNEAPOLIS MN 55407 | OSCAR A C VELETANGA ET AL | RESIDENTIAL-TWO UNIT | $260,900 | 167 ft |
| 2829 PARK AVE MINNEAPOLIS MN 55407 | BLACKPOOL LLC ET AL | APARTMENT | $1,270,000 | 168 ft |
| 2854 COLUMBUS AVE MINNEAPOLIS MN 55407 | EQUITRON HOLDINGS LLC | COMMERCIAL-PREFERRED | $499,000 | 186 ft |
| 2853 PARK AVE MINNEAPOLIS MN 55407 | POGOZ LLC | COMMERCIAL-PREFERRED | $332,000 | 186 ft |
| 2900 COLUMBUS AVE MINNEAPOLIS MN 55407 | P G YUNGA PAREDES ET AL | RESIDENTIAL | $221,200 | 230 ft |
| 2825 PARK AVE MINNEAPOLIS MN 55407 | OAKLEY APARTMENTS LLC | APARTMENT | $1,554,000 | 238 ft |
Current Tax Year