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 7,169 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2905 COLUMBUS AVE MINNEAPOLIS MN 55407 | J S HAMILTON & C A HAMILTON | RESIDENTIAL | $206,000 | 64 ft |
| 2907 COLUMBUS AVE MINNEAPOLIS MN 55407 | JERRY S HAMILTON | VACANT LAND-RESIDENTIAL | $25,000 | 101 ft |
| 2864 CHICAGO AVE MINNEAPOLIS MN 55407 | ALI BARBARAWI | LAND-COMMERCIAL | $146,000 | 131 ft |
| 2843 COLUMBUS AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 131 ft |
| 2902 CHICAGO AVE MINNEAPOLIS MN 55407 | LAKE CHICAGO PROPERTIES LLC | COMMERCIAL-PREFERRED | $520,000 | 141 ft |
| 2911 COLUMBUS AVE MINNEAPOLIS MN 55407 | R C LLAPA & G E PEREZ | RESIDENTIAL-TWO UNIT | $292,600 | 142 ft |
| 2915 COLUMBUS AVE MINNEAPOLIS MN 55407 | G A 0 OLALDE & N O OLALDE | RESIDENTIAL | $250,600 | 181 ft |
| 2854 COLUMBUS AVE MINNEAPOLIS MN 55407 | EQUITRON HOLDINGS LLC | COMMERCIAL-PREFERRED | $499,000 | 183 ft |
| 2900 COLUMBUS AVE MINNEAPOLIS MN 55407 | P G YUNGA PAREDES ET AL | RESIDENTIAL | $221,200 | 185 ft |
| 2904 COLUMBUS AVE MINNEAPOLIS MN 55407 | WARIBANIBO BANIGO-DANIELS | RESIDENTIAL-TWO UNIT | $307,100 | 194 ft |
Most Recent Sale
Current Tax Year