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 ↗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.
2 permits on record since 2022 · $27K total declared value · Most recent: Jul 2023 (roofwind)
ARCHER EXTERIORS
SODERLIN PLUMBING HEATING AND AIR
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
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 |
|---|---|---|---|---|
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2821 PORTLAND AVE S MINNEAPOLIS MN 55407 | C R ORGANO & D L SPINNER | APARTMENT | $506,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2825 PORTLAND AVE MINNEAPOLIS MN 55407 | DANIEL ROMERO | RESIDENTIAL | $212,000 | 47 ft |
| 2815 PORTLAND AVE MINNEAPOLIS MN 55407 | REGAN 2815 LLC | LOW INCOME RENTAL | $904,000 | 61 ft |
| 2829 PORTLAND AVE MINNEAPOLIS MN 55407 | L M ZHANAY & R A ZHANAY | RESIDENTIAL-TWO UNIT | $321,300 | 90 ft |
| 2818 OAKLAND AVE MINNEAPOLIS MN 55407 | KEITH T JENKINS TRUSTEE | RESIDENTIAL | $234,500 | 126 ft |
| 2809 PORTLAND AVE MINNEAPOLIS MN 55407 | OPEN DOOR HOUSE OF PRAYER | LAND-COMMERCIAL | $0 | 127 ft |