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.
5 permits on record since 2018 · $800 total declared value · Most recent: Apr 2026 (res)
Pronto Heating & Air Conditioning Inc
Pronto Heating & Air Conditioning Inc
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Stephanie Brynstad
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 2,461 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3508 OAKLAND AVE MINNEAPOLIS MN 55407 | RHOBELLE M TEKLE | RESIDENTIAL-TWO UNIT | $440,400 | 42 ft |
| 3500 OAKLAND AVE MINNEAPOLIS MN 55407 | BENJAMIN VINCENT | APARTMENT | $438,000 | 45 ft |
| 3512 OAKLAND AVE MINNEAPOLIS MN 55407 | CUONG XUAM PHAM | RESIDENTIAL | $231,500 | 84 ft |
| 3516 OAKLAND AVE MINNEAPOLIS MN 55407 | CO RENTAL PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $367,500 | 126 ft |
| 3505 PORTLAND AVE MINNEAPOLIS MN 55407 | SCOTT J & MAREN C HOFER | RESIDENTIAL | $354,300 | 131 ft |
| 3509 PORTLAND AVE MINNEAPOLIS MN 55407 | C P ONYANGO ROBSHAW | RESIDENTIAL | $401,700 | 137 ft |
| 3501 PORTLAND AVE MINNEAPOLIS MN 55407 | ADAM E MALONE | RESIDENTIAL | $431,200 | 139 ft |
| 3450 OAKLAND AVE MINNEAPOLIS MN 55407 | CASANDRA ANN OLSON | RESIDENTIAL | $299,500 | 153 ft |
| 3515 PORTLAND AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 154 ft |
| 3520 OAKLAND AVE MINNEAPOLIS MN 55407 | KADENCE HAMPTON | RESIDENTIAL-TWO UNIT | $374,400 | 168 ft |
Most Recent Sale
Current Tax Year