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.
3 permits on record since 2019 · $45K total declared value · Most recent: Sep 2024 (existres)
Standard Heating and Air Conditioning Inc
KAUFMAN SHEET METAL ROOFING INC
Mohler Chimney Repair 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,785 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3441 PARK AVE MINNEAPOLIS MN 55407 | AMIEL HANSEN | RESIDENTIAL-TWO UNIT | $382,900 | 49 ft |
| 3437 PARK AVE MINNEAPOLIS MN 55407 | STEVE P NACHE/DEBRA A NACHE | RESIDENTIAL-TWO UNIT | $343,700 | 98 ft |
| 3501 PARK AVE MINNEAPOLIS MN 55407 | ANDREW MACK & SARAH MATTSON | RESIDENTIAL | $311,000 | 119 ft |
| 3446 COLUMBUS AVE MINNEAPOLIS MN 55407 | JOSINA MANU & ELEANOR SAVAGE | RESIDENTIAL | $283,000 | 130 ft |
| 3442 COLUMBUS AVE MINNEAPOLIS MN 55407 | FLOR MARIA PATINO | RESIDENTIAL-TWO UNIT | $325,300 | 132 ft |
| 3440 COLUMBUS AVE MINNEAPOLIS MN 55407 | IH2 PROPERTY ILLINOIS LP | RESIDENTIAL | $306,000 | 142 ft |
| 3433 PARK AVE MINNEAPOLIS MN 55407 | ANA BURGESS/A'NIA-NICOLE RAE | RESIDENTIAL | $441,000 | 147 ft |
| 3436 COLUMBUS AVE MINNEAPOLIS MN 55407 | M D BRAND & J W BRAND | APARTMENT | $331,000 | 166 ft |
| 3505 PARK AVE MINNEAPOLIS MN 55407 | ALEXANDRA FURSMAN | RESIDENTIAL | $396,600 | 167 ft |
| 3500 COLUMBUS AVE MINNEAPOLIS MN 55407 | REGAN 3500 LLC | LOW INCOME RENTAL | $1,089,000 | 181 ft |
Current Tax Year