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.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 9,790 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2833 PORTLAND AVE MINNEAPOLIS MN 55407 | XCEL ENERGY | LAND-COMMERCIAL | $100,500 | 87 ft |
| 2840 OAKLAND AVE MINNEAPOLIS MN 55407 | N S P | COMMERCIAL-PREFERRED | $880,000 | 124 ft |
| 2829 PORTLAND AVE MINNEAPOLIS MN 55407 | L M ZHANAY & R A ZHANAY | RESIDENTIAL-TWO UNIT | $321,300 | 132 ft |
| 2845 PORTLAND AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 133 ft |
| 2825 PORTLAND AVE MINNEAPOLIS MN 55407 | DANIEL ROMERO | RESIDENTIAL | $212,000 | 175 ft |
| 2828 OAKLAND AVE MINNEAPOLIS MN 55407 | MARVIN O LOXTERKAMP | RESIDENTIAL | $114,000 | 181 ft |
| 2824 OAKLAND AVE MINNEAPOLIS MN 55407 | SERENDIPITY INVSTMT LLC | RESIDENTIAL | $207,100 | 220 ft |
| MN | Unknown | — | — | 222 ft |
| MN | Unknown | — | — | 222 ft |
| MN | Unknown | — | — | 222 ft |
Most Recent Sale
Current Tax Year