Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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 ↗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 2023 · $26K total declared value · Most recent: Apr 2024 (misc)
SELA ROOFING AND REMODELING INC
Hero Home Services 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 95
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 2,465 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3508 PARK AVE MINNEAPOLIS MN 55407 | MCO HOLDINGS LTD | RESIDENTIAL | $204,700 | 42 ft |
| 3516 PARK AVE MINNEAPOLIS MN 55407 | NICOLE & LAWRENCE C MEANS | RESIDENTIAL | $536,000 | 42 ft |
| 3504 PARK AVE MINNEAPOLIS MN 55407 | K AMJADI & A I WILHITE | RESIDENTIAL | $320,100 | 84 ft |
| 3518 PARK AVE MINNEAPOLIS MN 55407 | JUAN R AUCAPINA-RODRIGUEZ | RESIDENTIAL-TWO UNIT | $300,400 | 84 ft |
| 3520 PARK AVE MINNEAPOLIS MN 55407 | JAIRO G AVILA/JERRY A AVILA | RESIDENTIAL-TWO UNIT | $366,300 | 126 ft |
| 3500 PARK AVE MINNEAPOLIS MN 55407 | K HELSCEL & B M LONDO | RESIDENTIAL | $400,000 | 129 ft |
| 3517 OAKLAND AVE MINNEAPOLIS MN 55407 | REGAN 3509 LLC ET AL | LOW INCOME RENTAL | $969,000 | 130 ft |
| 3521 OAKLAND AVE MINNEAPOLIS MN 55407 | ALEXANDER W NGOV | RESIDENTIAL | $260,700 | 154 ft |
| 3505 OAKLAND AVE MINNEAPOLIS MN 55407 | SPENCER B ROWE | RESIDENTIAL-TWO UNIT | $380,200 | 156 ft |
| 3524 PARK AVE MINNEAPOLIS MN 55407 | RYAN COLBY ANDERSON | RESIDENTIAL | $301,100 | 169 ft |
Most Recent Sale
Current Tax Year