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.
6 permits on record since 2000 · $269K total declared value · Most recent: Oct 2025 (existres)
Professional Mechanical Services LLC
Professional Mechanical Services LLC
REPAIR KING
Warners Stellian Co Inc
Warners Stellian Co 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
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 2,458 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3549 PORTLAND AVE MINNEAPOLIS MN 55407 | M C OVERHISER & L OVERHISER | RESIDENTIAL-TWO UNIT | $459,800 | 42 ft |
| 3541 PORTLAND AVE MINNEAPOLIS MN 55407 | S Z GUANOQUIZA & J Z CHUQUI | TRIPLEX | $406,000 | 42 ft |
| 3537 PORTLAND AVE MINNEAPOLIS MN 55407 | B & M ESTATES LLC | RESIDENTIAL-TWO UNIT | $370,500 | 84 ft |
| 3553 PORTLAND AVE MINNEAPOLIS MN 55407 | SHAUNA MCINTIRE | RESIDENTIAL-TWO UNIT | $386,300 | 85 ft |
| 610 36TH ST E MINNEAPOLIS MN 55407 | SAMANTHA HACAO | RESIDENTIAL | $171,700 | 113 ft |
| 3535 PORTLAND AVE MINNEAPOLIS MN 55407 | JULIO R JARA & ELSA B JARA | APARTMENT | $532,000 | 126 ft |
| 3544 OAKLAND AVE MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL | $207,000 | 130 ft |
| 3540 OAKLAND AVE MINNEAPOLIS MN 55407 | Z J GINGERICH & A M BEECH | RESIDENTIAL | $290,600 | 136 ft |
| 614 36TH ST E MINNEAPOLIS MN 55407 | KOU PHANG | RESIDENTIAL | $223,000 | 146 ft |
| 3536 OAKLAND AVE MINNEAPOLIS MN 55407 | TWIN CITIES HOUSING LLC | RESIDENTIAL | $222,300 | 154 ft |
Most Recent Sale
Current Tax Year