Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
1 permit on record since 2018 · Most recent: Oct 2018 (res)
Andrew A Lampham
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
Residential Mixed-Use 1 — low-density mixed 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 2,654 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3540 CHICAGO AVE MINNEAPOLIS MN 55407 | OMAR B ORBE ROJAS | RESIDENTIAL | $399,100 | 42 ft |
| 3548 CHICAGO AVE MINNEAPOLIS MN 55407 | A A LAPHAM & P J LAPHAM | VACANT LAND-RESIDENTIAL | $28,000 | 43 ft |
| 3534 CHICAGO AVE MINNEAPOLIS MN 55407 | SUSANNAH DODGE | RESIDENTIAL-TWO UNIT | $312,700 | 85 ft |
| 3532 CHICAGO AVE MINNEAPOLIS MN 55407 | ABDIRAHMAN ALI & JAMILLA ALI | RESIDENTIAL-TWO UNIT | $364,300 | 127 ft |
| 3545 COLUMBUS AVE MINNEAPOLIS MN 55407 | CHRISTEIN NEIGHLY | RESIDENTIAL | $287,700 | 136 ft |
| 3549 COLUMBUS AVE MINNEAPOLIS MN 55407 | POWDERHORN BUILDINGS LLC | APARTMENT | $663,000 | 141 ft |
| 3541 COLUMBUS AVE MINNEAPOLIS MN 55407 | JORDAN STRIFE & GINA STRIFE | RESIDENTIAL | $297,600 | 142 ft |
| 3600 CHICAGO AVE MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $196,600 | 152 ft |
| 3537 COLUMBUS AVE MINNEAPOLIS MN 55407 | GENET BEYENE | RESIDENTIAL-TWO UNIT | $320,300 | 161 ft |
| 3551 CHICAGO AVE MINNEAPOLIS MN 55407 | JPP LLC | COMMERCIAL-PREFERRED | $529,000 | 168 ft |
Most Recent Sale
Current Tax Year