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.
No permits found in Minneapolis open data for this parcel.
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 3,057 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3417 PORTLAND AVE MINNEAPOLIS MN 55407 | SEAWARD PROPERTIES LLC | LOW INCOME RENTAL | $940,000 | 49 ft |
| 3409 PORTLAND AVE MINNEAPOLIS MN 55407 | DANIEL FARRIS BRAUN | RESIDENTIAL | $306,500 | 49 ft |
| 3421 PORTLAND AVE MINNEAPOLIS MN 55407 | COMMUNITY HSNG DEVEL CORP | LOW INCOME RENTAL | $554,000 | 98 ft |
| 3405 PORTLAND AVE MINNEAPOLIS MN 55407 | GREGORY DEMAR ALFORD | RESIDENTIAL | $201,000 | 98 ft |
| 3414 OAKLAND AVE MINNEAPOLIS MN 55407 | SIRAD W OSMAN | RESIDENTIAL | $325,000 | 130 ft |
| 3416 OAKLAND AVE MINNEAPOLIS MN 55407 | P MILLER & M C NORTH | RESIDENTIAL | $262,000 | 137 ft |
| 3408 OAKLAND AVE MINNEAPOLIS MN 55407 | M ERICKSON & M EULL | RESIDENTIAL | $340,000 | 139 ft |
| 3425 PORTLAND AVE MINNEAPOLIS MN 55407 | JOHN DAVID DAYTON | RESIDENTIAL | $384,000 | 147 ft |
| 3401 PORTLAND AVE MINNEAPOLIS MN 55407 | JOHANA O VILLACIS YAGUACHI | RESIDENTIAL | $260,000 | 147 ft |
| 3404 OAKLAND AVE MINNEAPOLIS MN 55407 | DENISE M LUNNING ET AL | RESIDENTIAL | $316,200 | 162 ft |
Most Recent Sale
Current Tax Year