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 2020 · $5K total declared value · Most recent: Mar 2026 (existres)
Metro Heating & Cooling LLC
Rojo Roofing & Exteriors Inc
Warners Stellian Co 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
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 2,802 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3435 OAKLAND AVE MINNEAPOLIS MN 55407 | JAGILA MINSO | RESIDENTIAL | $216,600 | 43 ft |
| 3441 OAKLAND AVE MINNEAPOLIS MN 55407 | ERIN SMITH & BRETT SMITH | RESIDENTIAL | $369,000 | 45 ft |
| 3431 OAKLAND AVE MINNEAPOLIS MN 55407 | DAVID B BAUER | RESIDENTIAL | $299,600 | 85 ft |
| 3445 OAKLAND AVE MINNEAPOLIS MN 55407 | KRISTINA BOERGER | RESIDENTIAL | $266,500 | 94 ft |
| 630 35TH ST E MINNEAPOLIS MN 55407 | HANNAH QUINN RIVENBURGH | RESIDENTIAL | $221,200 | 99 ft |
| 3427 OAKLAND AVE MINNEAPOLIS MN 55407 | MARY B STEWART | RESIDENTIAL | $192,000 | 126 ft |
| 3436 PARK AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 130 ft |
| 3440 PARK AVE MINNEAPOLIS MN 55407 | TAWNYA LYN KONOBECK | RESIDENTIAL | $372,900 | 137 ft |
| 3432 PARK AVE MINNEAPOLIS MN 55407 | N T KIRBY & J E FELTON | RESIDENTIAL | $437,400 | 140 ft |
| 3444 PARK AVE MINNEAPOLIS MN 55407 | LONNY DOUB | RESIDENTIAL | $397,000 | 160 ft |
Most Recent Sale
Current Tax Year