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 ↗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.
2 permits on record since 2024 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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
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 2,757 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3112 OAKLAND AVE MINNEAPOLIS MN 55407 | N R FRANK & S S FRANK | RESIDENTIAL-TWO UNIT | $442,200 | 45 ft |
| 3120 OAKLAND AVE MINNEAPOLIS MN 55407 | JASON G FITZLOFF | RESIDENTIAL-TWO UNIT | $408,400 | 45 ft |
| 3124 OAKLAND AVE MINNEAPOLIS MN 55407 | MICHAEL G LEE | RESIDENTIAL | $270,800 | 88 ft |
| 3108 OAKLAND AVE MINNEAPOLIS MN 55407 | KASY YA | APARTMENT | $470,000 | 96 ft |
| 3117 PORTLAND AVE MINNEAPOLIS MN 55407 | MADELEINE C PINKERTON | RESIDENTIAL-TWO UNIT | $305,700 | 130 ft |
| 3126 OAKLAND AVE MINNEAPOLIS MN 55407 | M J BLANCH & D M WEHDE | RESIDENTIAL | $279,900 | 131 ft |
| 3121 PORTLAND AVE MINNEAPOLIS MN 55407 | PETER BROWN FAMILY TR ET AL | RESIDENTIAL | $306,100 | 137 ft |
| 3113 PORTLAND AVE MINNEAPOLIS MN 55407 | J C ALVARADO & D J ALVARADO | RESIDENTIAL | $383,000 | 138 ft |
| 3125 PORTLAND AVE MINNEAPOLIS MN 55407 | THOMAS BENFIELD GREAVES | RESIDENTIAL-TWO UNIT | $393,300 | 157 ft |
| 3109 PORTLAND AVE MINNEAPOLIS MN 55407 | ELNORA M HAGANS | RESIDENTIAL-TWO UNIT | $400,100 | 162 ft |
Current Tax Year