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 2024 · $16K total declared value · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
SIGNATURE 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 2,414 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3439 COLUMBUS AVE MINNEAPOLIS MN 55407 | S A STROMQUIST & D MEHRKENS | RESIDENTIAL | $326,800 | 39 ft |
| 3443 COLUMBUS AVE MINNEAPOLIS MN 55407 | R T BECERRA & M J KORSON | RESIDENTIAL | $393,000 | 40 ft |
| 3437 COLUMBUS AVE MINNEAPOLIS MN 55407 | ADELE MOSS & JOSEPH GLICK | RESIDENTIAL | $251,400 | 78 ft |
| 3435 COLUMBUS AVE MINNEAPOLIS MN 55407 | BARBARA A JENSEN | RESIDENTIAL | $256,000 | 117 ft |
| 3446 CHICAGO AVE MINNEAPOLIS MN 55407 | INT CHRISTIAN LITERATURE | RESIDENTIAL | $0 | 135 ft |
| 3448 CHICAGO AVE MINNEAPOLIS MN 55407 | GLITTER KNITTER PROPERTY LLC | RESIDENTIAL | $624,000 | 140 ft |
| 3501 COLUMBUS AVE MINNEAPOLIS MN 55407 | L D S MORA & A B LOPEZ | RESIDENTIAL | $290,000 | 147 ft |
| 3436 CHICAGO AVE MINNEAPOLIS MN 55407 | WESLEY L WHITESIDE ETAL | RESIDENTIAL | $300,000 | 148 ft |
| 3429 COLUMBUS AVE MINNEAPOLIS MN 55407 | MONA WONG | RESIDENTIAL | $226,200 | 159 ft |
| 3432 CHICAGO AVE MINNEAPOLIS MN 55407 | E J MARTIN & J R MARTIN | RESIDENTIAL | $337,100 | 174 ft |
Current Tax Year