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.
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2849 OAKLAND AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 72 ft |
| 2844 PARK AVE MINNEAPOLIS MN 55407 | OAKLAND AVE PROPERTIES LLC | LAND - INDUSTRIAL | $107,600 | 89 ft |
| 2837 OAKLAND AVE MINNEAPOLIS MN 55407 | ENVISION COMMERCIAL LLC | INDUSTRIAL-PREFERRED | $1,485,000 | 102 ft |
| 2840 PARK AVE MINNEAPOLIS MN 55407 | ALFONSO VELEZ & GLORIA VELEZ | RESIDENTIAL-TWO UNIT | $289,800 | 120 ft |
| 2836 PARK AVE MINNEAPOLIS MN 55407 | PARK AVE HOMES LLC | TRIPLEX | $297,400 | 157 ft |
| 2833 OAKLAND AVE MINNEAPOLIS MN 55407 | SEQUNDO L GONZALEZ | RESIDENTIAL | $221,000 | 187 ft |
| 2832 PARK AVE MINNEAPOLIS MN 55407 | PATRICIA M CASAGRANDE | APARTMENT | $618,000 | 198 ft |
| 2900 PARK AVE MINNEAPOLIS MN 55407 | ZINSMASTER LTD PTSHP (CO-OP) | LOW INCOME RENTAL | $2,258,000 | 205 ft |
| 2829 OAKLAND AVE MINNEAPOLIS MN 55407 | M P ROBLES & L ALVARADO | RESIDENTIAL | $195,000 | 229 ft |
| 2826 PARK AVE MINNEAPOLIS MN 55407 | LIMA PROPERTIES LLC | TRIPLEX | $518,700 | 238 ft |
Current Tax Year