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 ↗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 ↗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 2024 · $8K total declared value · Most recent: Sep 2024 (roofwind)
Julio Jara
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 2,459 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3537 PORTLAND AVE MINNEAPOLIS MN 55407 | B & M ESTATES LLC | RESIDENTIAL-TWO UNIT | $370,500 | 42 ft |
| 3529 PORTLAND AVE MINNEAPOLIS MN 55407 | J R JARA & E B JARA | RESIDENTIAL | $260,000 | 42 ft |
| 3525 PORTLAND AVE MINNEAPOLIS MN 55407 | DENISSA A GWIN | RESIDENTIAL | $259,300 | 84 ft |
| 3541 PORTLAND AVE MINNEAPOLIS MN 55407 | S Z GUANOQUIZA & J Z CHUQUI | TRIPLEX | $406,000 | 84 ft |
| 3521 PORTLAND AVE MINNEAPOLIS MN 55407 | BRIAN HISSONG & HOLLY KELLER | RESIDENTIAL | $254,200 | 126 ft |
| 3545 PORTLAND AVE MINNEAPOLIS MN 55407 | A N BROWN & R M BROWN | RESIDENTIAL | $394,300 | 126 ft |
| 3532 OAKLAND AVE MINNEAPOLIS MN 55407 | L D LOPEZ & E E LOPEZ | RESIDENTIAL | $280,000 | 131 ft |
| 3528 OAKLAND AVE MINNEAPOLIS MN 55407 | LUKE GRANMOE | RESIDENTIAL | $259,800 | 137 ft |
| 3536 OAKLAND AVE MINNEAPOLIS MN 55407 | TWIN CITIES HOUSING LLC | RESIDENTIAL | $222,300 | 138 ft |
| 3524 OAKLAND AVE MINNEAPOLIS MN 55407 | DAVID CLAIRE BROBERG | RESIDENTIAL-TWO UNIT | $371,400 | 154 ft |
Most Recent Sale
Current Tax Year