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 · $64K total declared value · Most recent: Nov 2024 (misc)
CAPITAL CONSTRUCTION LLC
CAPITAL CONSTRUCTION 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
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 2,639 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3137 PORTLAND AVE MINNEAPOLIS MN 55407 | LUIS A PAREDES CANAR | RESIDENTIAL-TWO UNIT | $243,200 | 44 ft |
| 3145 PORTLAND AVE MINNEAPOLIS MN 55407 | M RODREICK/JURIS PLESUMS JR | VACANT LAND-RESIDENTIAL | $34,000 | 45 ft |
| 3133 PORTLAND AVE MINNEAPOLIS MN 55407 | MANUEL JESUS GUIRACOCHA | RESIDENTIAL-TWO UNIT | $345,400 | 88 ft |
| 3140 OAKLAND AVE MINNEAPOLIS MN 55407 | JURIS PLESUMS JR | RESIDENTIAL | $251,100 | 130 ft |
| 3127 PORTLAND AVE MINNEAPOLIS MN 55407 | YANXING WU & CHUN CHEN | RESIDENTIAL-TWO UNIT | $353,100 | 132 ft |
| 3136 OAKLAND AVE MINNEAPOLIS MN 55407 | TYLER KUTSCHEID & OANH K VU | RESIDENTIAL-TWO UNIT | $377,100 | 137 ft |
| 3144 OAKLAND AVE MINNEAPOLIS MN 55407 | KEVIN L LARSEN | RESIDENTIAL-TWO UNIT | $333,700 | 138 ft |
| 3132 OAKLAND AVE MINNEAPOLIS MN 55407 | SANDRA THOMETZ/KENT THOMETZ | RESIDENTIAL | $332,700 | 157 ft |
| 3201 PORTLAND AVE MINNEAPOLIS MN 55407 | LUIS J ESPINOSA MEDINA | RESIDENTIAL | $278,000 | 173 ft |
| 3125 PORTLAND AVE MINNEAPOLIS MN 55407 | THOMAS BENFIELD GREAVES | RESIDENTIAL-TWO UNIT | $393,300 | 175 ft |
Most Recent Sale
Current Tax Year