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 ↗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 ↗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.
4 permits on record since 2020 · $5K total declared value · Most recent: Oct 2025 (misc)
D.M. Construction Inc
AAirgate Heating and AC Inc
Paul Vadnais Plumbing & Well Inc
Paul Vadnais Plumbing & Well 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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2942 PARK AVE MINNEAPOLIS MN 55407 | LONNY DOUB | RESIDENTIAL-TWO UNIT | $293,300 | 41 ft |
| 640 LAKE ST E MINNEAPOLIS MN 55407 | 640 LLC | COMMERCIAL-PREFERRED | $352,000 | 61 ft |
| 2938 PARK AVE MINNEAPOLIS MN 55407 | JOSE M R ORELLANA ET AL | RESIDENTIAL-TWO UNIT | $263,300 | 82 ft |
| 624 LAKE ST E MINNEAPOLIS MN 55407 | MOLINA INVESTMENT GROUP LLC | COMMERCIAL-PREFERRED | $458,000 | 118 ft |
| 2932 PARK AVE MINNEAPOLIS MN 55407 | 2932 PARK AVENUE LLC | RESIDENTIAL-TWO UNIT | $420,500 | 124 ft |
| 2945 OAKLAND AVE MINNEAPOLIS MN 55407 | L L BELTRAN & M S ARROYO | RESIDENTIAL | $278,800 | 130 ft |
| 2941 OAKLAND AVE MINNEAPOLIS MN 55407 | MEGAN MICHELLE GRAMLOW | RESIDENTIAL | $269,100 | 136 ft |
| 2937 OAKLAND AVE MINNEAPOLIS MN 55407 | MOHAMMAD W HUSSAIN | RESIDENTIAL | $260,900 | 153 ft |
| 2930 PARK AVE MINNEAPOLIS MN 55407 | JON M BARTELT | RESIDENTIAL | $440,000 | 165 ft |
| 620 LAKE ST E MINNEAPOLIS MN 55407 | C J HODSDON & E R HODSDON | COMMERCIAL-PREFERRED | $94,900 | 171 ft |