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 2020 · Most recent: Jul 2024 (res)
BONFES PLUMBING HEATING AND AIR SERVICE INC
BONFES PLUMBING HEATING AND AIR SERVICE INC
Hero Home Services LLC
PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING
PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING
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 2,675 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3512 COLUMBUS AVE MINNEAPOLIS MN 55407 | K CEBALLOS-GONZALEZ ET AL | RESIDENTIAL | $342,000 | 47 ft |
| 3504 COLUMBUS AVE MINNEAPOLIS MN 55407 | ADE ESUOSO & NIMMY ESUOSO | RESIDENTIAL | $234,000 | 53 ft |
| 3500 COLUMBUS AVE MINNEAPOLIS MN 55407 | REGAN 3500 LLC | LOW INCOME RENTAL | $1,089,000 | 83 ft |
| 3516 COLUMBUS AVE MINNEAPOLIS MN 55407 | A E & B LOCHE | RESIDENTIAL | $285,000 | 96 ft |
| 3509 PARK AVE MINNEAPOLIS MN 55407 | C A MCNAIR & L L MCNAIR | RESIDENTIAL | $435,000 | 132 ft |
| 3515 PARK AVE MINNEAPOLIS MN 55407 | JANET S WILSON | RESIDENTIAL | $450,100 | 140 ft |
| 3505 PARK AVE MINNEAPOLIS MN 55407 | ALEXANDRA FURSMAN | RESIDENTIAL | $396,600 | 142 ft |
| 3520 COLUMBUS AVE MINNEAPOLIS MN 55407 | SERENDIPITY INVESTMENT LLC | RESIDENTIAL-TWO UNIT | $359,400 | 144 ft |
| 3517 PARK AVE MINNEAPOLIS MN 55407 | SHELBY KAY BLOOM | RESIDENTIAL | $425,600 | 163 ft |
| 3501 PARK AVE MINNEAPOLIS MN 55407 | ANDREW MACK & SARAH MATTSON | RESIDENTIAL | $311,000 | 165 ft |
Most Recent Sale
Current Tax Year