Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
1 permit on record since 2026 · Most recent: Feb 2026 (commercial minor)
Water Heaters Now Inc
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
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3436 CHICAGO AVE MINNEAPOLIS MN 55407 | WESLEY L WHITESIDE ETAL | RESIDENTIAL | $300,000 | 49 ft |
| 3448 CHICAGO AVE MINNEAPOLIS MN 55407 | GLITTER KNITTER PROPERTY LLC | RESIDENTIAL | $624,000 | 49 ft |
| 3432 CHICAGO AVE MINNEAPOLIS MN 55407 | E J MARTIN & J R MARTIN | RESIDENTIAL | $337,100 | 98 ft |
| 3441 COLUMBUS AVE MINNEAPOLIS MN 55407 | M D & J W BRAND | RESIDENTIAL | $253,000 | 135 ft |
| 3439 COLUMBUS AVE MINNEAPOLIS MN 55407 | S A STROMQUIST & D MEHRKENS | RESIDENTIAL | $326,800 | 137 ft |
| 3443 COLUMBUS AVE MINNEAPOLIS MN 55407 | R T BECERRA & M J KORSON | RESIDENTIAL | $393,000 | 144 ft |
| 3428 CHICAGO AVE MINNEAPOLIS MN 55407 | BLANCA M ARTIEDA | RESIDENTIAL-TWO UNIT | $319,200 | 147 ft |
| 3437 COLUMBUS AVE MINNEAPOLIS MN 55407 | ADELE MOSS & JOSEPH GLICK | RESIDENTIAL | $251,400 | 150 ft |
| 3504 CHICAGO AVE MINNEAPOLIS MN 55407 | TAHIR CHALOUP HASSAN | APARTMENT | $843,000 | 168 ft |
| 3435 COLUMBUS AVE MINNEAPOLIS MN 55407 | BARBARA A JENSEN | RESIDENTIAL | $256,000 | 171 ft |