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 ↗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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2021 · $39K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
PLATINUM RESTORATION AND REMODELING LLC
Twin Cities Home Solutions LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 84
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 small multifamily (2–4 units, wood frame) benchmarks for 2,268 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3040 OAKLAND AVE MINNEAPOLIS MN 55407 | LI TANG | RESIDENTIAL-TWO UNIT | $246,500 | 42 ft |
| 3036 OAKLAND AVE MINNEAPOLIS MN 55407 | JENNIFER HILLMAN | RESIDENTIAL | $189,700 | 86 ft |
| 3104 OAKLAND AVE MINNEAPOLIS MN 55407 | MATTHEW J SCHMIDT | RESIDENTIAL | $272,000 | 125 ft |
| 3032 OAKLAND AVE MINNEAPOLIS MN 55407 | CHRISTIAN M BALDEN | RESIDENTIAL | $340,200 | 129 ft |
| 3045 PORTLAND AVE MINNEAPOLIS MN 55407 | LOUIS DAVID LONTZ | RESIDENTIAL | $427,000 | 130 ft |
| 3041 PORTLAND AVE MINNEAPOLIS MN 55407 | DAVID KELLEY & LU TING WU | RESIDENTIAL | $235,000 | 137 ft |
| 3037 PORTLAND AVE MINNEAPOLIS MN 55407 | DAVID KELLEY | RESIDENTIAL | $263,000 | 156 ft |
| 3103 PORTLAND AVE MINNEAPOLIS MN 55407 | ZAKARIA MOHAMED | TRIPLEX | $294,400 | 165 ft |
| 3030 OAKLAND AVE MINNEAPOLIS MN 55407 | UHW R:R III LLC | RESIDENTIAL-TWO UNIT | $325,200 | 172 ft |
| 3045 OAKLAND AVE MINNEAPOLIS MN 55407 | S J FILLA-KIM/K H FILLA-KIM | RESIDENTIAL | $383,100 | 178 ft |
Most Recent Sale
Current Tax Year