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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
6 permits on record since 2021 · $125K total declared value · Most recent: Apr 2022 (commfdnr)
PMR Mechanical, Inc.
CenterPoint Energy Resource Corp
PMR Mechanical, Inc.
Majestic Plumbing Inc
Morning Star Remodeling 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 3,034 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3436 OAKLAND AVE MINNEAPOLIS MN 55407 | L D SACTA MORA/R L ESPINOZA | RESIDENTIAL | $405,000 | 49 ft |
| 3428 OAKLAND AVE MINNEAPOLIS MN 55407 | KAYS AHMED & NADIFO IMANKEY | RESIDENTIAL | $344,000 | 50 ft |
| 3440 OAKLAND AVE MINNEAPOLIS MN 55407 | ANDREW RUHLAND/MEGAN RUHLAND | RESIDENTIAL | $337,100 | 98 ft |
| 3420 OAKLAND AVE MINNEAPOLIS MN 55407 | ANISA SMITH/JUAN H ARCEO | RESIDENTIAL | $411,000 | 101 ft |
| 3429 PORTLAND AVE MINNEAPOLIS MN 55407 | CAROL MATHIE | RESIDENTIAL-TWO UNIT | $377,600 | 130 ft |
| 3433 PORTLAND AVE MINNEAPOLIS MN 55407 | JACK SEDLEZKY | RESIDENTIAL-TWO UNIT | $347,300 | 138 ft |
| 3425 PORTLAND AVE MINNEAPOLIS MN 55407 | JOHN DAVID DAYTON | RESIDENTIAL | $384,000 | 139 ft |
| 3444 OAKLAND AVE MINNEAPOLIS MN 55407 | A H SANTOS & M D C D SANTOS | RESIDENTIAL-TWO UNIT | $329,700 | 147 ft |
| 3416 OAKLAND AVE MINNEAPOLIS MN 55407 | P MILLER & M C NORTH | RESIDENTIAL | $262,000 | 152 ft |
| 3437 PORTLAND AVE MINNEAPOLIS MN 55407 | J L FERM & H FERM | APARTMENT | $759,000 | 161 ft |
Most Recent Sale
Current Tax Year