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 ↗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
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 |
|---|---|---|---|---|
| 2931 COLUMBUS AVE MINNEAPOLIS MN 55407 | ERNAN A JARA | RESIDENTIAL-TWO UNIT | $275,300 | 41 ft |
| 2939 COLUMBUS AVE MINNEAPOLIS MN 55407 | 403 UNION STREET APTS LLC | LAND-COMMERCIAL | $91,300 | 41 ft |
| 2929 COLUMBUS AVE MINNEAPOLIS MN 55407 | C ZHAGUI & L E OVILLO-LLAPA | RESIDENTIAL-TWO UNIT | $286,500 | 82 ft |
| 720 LAKE ST E MINNEAPOLIS MN 55407 | 403 UNION STREET APTS LLC | COMMERCIAL-PREFERRED | $2,400,000 | 123 ft |
| 2923 COLUMBUS AVE MINNEAPOLIS MN 55407 | TIMOTHY A EILER | RESIDENTIAL-TWO UNIT | $331,900 | 123 ft |
| 2932 CHICAGO AVE MINNEAPOLIS MN 55407 | WARREN A BARKLEY REV TRUST | LAND-COMMERCIAL | $135,800 | 136 ft |
| 2940 CHICAGO AVE MINNEAPOLIS MN 55407 | LUL BROS PROPERTIES LLC | COMMERCIAL-PREFERRED | $93,300 | 141 ft |
| 2930 CHICAGO AVE MINNEAPOLIS MN 55407 | 2926 CHICAGO LLC | LAND-COMMERCIAL | $47,900 | 145 ft |
| 2928 CHICAGO AVE MINNEAPOLIS MN 55407 | 2926 CHICAGO LLC | COMMERCIAL-PREFERRED | $122,000 | 153 ft |
| 2942 CHICAGO AVE MINNEAPOLIS MN 55407 | LUL BROS PROPERTIES LLC | COMMERCIAL-PREFERRED | $555,000 | 158 ft |
Most Recent Sale
Current Tax Year