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 ↗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 ↗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 2017 · $6K total declared value · Most recent: Dec 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 2,638 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3504 OAKLAND AVE MINNEAPOLIS MN 55407 | BARBARA BRYNSTAD | RESIDENTIAL-TWO UNIT | $373,400 | 45 ft |
| 3508 OAKLAND AVE MINNEAPOLIS MN 55407 | RHOBELLE M TEKLE | RESIDENTIAL-TWO UNIT | $440,400 | 87 ft |
| 3450 OAKLAND AVE MINNEAPOLIS MN 55407 | CASANDRA ANN OLSON | RESIDENTIAL | $299,500 | 108 ft |
| 3512 OAKLAND AVE MINNEAPOLIS MN 55407 | CUONG XUAM PHAM | RESIDENTIAL | $231,500 | 129 ft |
| 3501 PORTLAND AVE MINNEAPOLIS MN 55407 | ADAM E MALONE | RESIDENTIAL | $431,200 | 130 ft |
| 3505 PORTLAND AVE MINNEAPOLIS MN 55407 | SCOTT J & MAREN C HOFER | RESIDENTIAL | $354,300 | 138 ft |
| 3509 PORTLAND AVE MINNEAPOLIS MN 55407 | C P ONYANGO ROBSHAW | RESIDENTIAL | $401,700 | 156 ft |
| 3444 OAKLAND AVE MINNEAPOLIS MN 55407 | A H SANTOS & M D C D SANTOS | RESIDENTIAL-TWO UNIT | $329,700 | 157 ft |
| 3445 PORTLAND AVE MINNEAPOLIS MN 55407 | FIRE PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $365,200 | 170 ft |
| 3516 OAKLAND AVE MINNEAPOLIS MN 55407 | CO RENTAL PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $367,500 | 171 ft |
Most Recent Sale
Current Tax Year