Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2020 · $12K total declared value · Most recent: May 2020 (roofwind)
ASSOCIATED EXTERIORS INC
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 2,408 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3545 COLUMBUS AVE MINNEAPOLIS MN 55407 | CHRISTEIN NEIGHLY | RESIDENTIAL | $287,700 | 42 ft |
| 3541 COLUMBUS AVE MINNEAPOLIS MN 55407 | JORDAN STRIFE & GINA STRIFE | RESIDENTIAL | $297,600 | 85 ft |
| 3601 COLUMBUS AVE MINNEAPOLIS MN 55407 | AFFORDABLE GREEN HOMES LLC | RESIDENTIAL | $234,800 | 111 ft |
| 731 36TH ST E MINNEAPOLIS MN 55407 | RICHARD FAIRBANKS | RESIDENTIAL | $255,300 | 118 ft |
| 3537 COLUMBUS AVE MINNEAPOLIS MN 55407 | GENET BEYENE | RESIDENTIAL-TWO UNIT | $320,300 | 127 ft |
| 3548 CHICAGO AVE MINNEAPOLIS MN 55407 | A A LAPHAM & P J LAPHAM | VACANT LAND-RESIDENTIAL | $28,000 | 136 ft |
| 3544 CHICAGO AVE MINNEAPOLIS MN 55407 | BARRY ANDERSON | RESIDENTIAL | $218,600 | 141 ft |
| 3605 COLUMBUS AVE MINNEAPOLIS MN 55407 | M&M STAFFING LLC | VACANT LAND-RESIDENTIAL | $86,000 | 153 ft |
| 3540 CHICAGO AVE MINNEAPOLIS MN 55407 | OMAR B ORBE ROJAS | RESIDENTIAL | $399,100 | 159 ft |
| 3533 COLUMBUS AVE MINNEAPOLIS MN 55407 | NATALIE JANSSEN | VACANT LAND-RESIDENTIAL | $57,000 | 169 ft |
Most Recent Sale
Current Tax Year