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.
7 permits on record since 2020 · $31K total declared value · Most recent: Feb 2026 (existres)
GV Heating and Air Inc
Professional Mechanical Services LLC
4Front Energy Solutions Inc
Viking Contractors LLC
MESPO HEATING AND COOLING 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 3,207 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3416 OAKLAND AVE MINNEAPOLIS MN 55407 | P MILLER & M C NORTH | RESIDENTIAL | $262,000 | 51 ft |
| 3428 OAKLAND AVE MINNEAPOLIS MN 55407 | KAYS AHMED & NADIFO IMANKEY | RESIDENTIAL | $344,000 | 51 ft |
| 3432 OAKLAND AVE MINNEAPOLIS MN 55407 | A HUINIL-DIAZ & A V LOPEZ | APARTMENT | $515,000 | 101 ft |
| 3414 OAKLAND AVE MINNEAPOLIS MN 55407 | SIRAD W OSMAN | RESIDENTIAL | $325,000 | 103 ft |
| 3421 PORTLAND AVE MINNEAPOLIS MN 55407 | COMMUNITY HSNG DEVEL CORP | LOW INCOME RENTAL | $554,000 | 130 ft |
| 3417 PORTLAND AVE MINNEAPOLIS MN 55407 | SEAWARD PROPERTIES LLC | LOW INCOME RENTAL | $940,000 | 138 ft |
| 3425 PORTLAND AVE MINNEAPOLIS MN 55407 | JOHN DAVID DAYTON | RESIDENTIAL | $384,000 | 139 ft |
| 3408 OAKLAND AVE MINNEAPOLIS MN 55407 | M ERICKSON & M EULL | RESIDENTIAL | $340,000 | 148 ft |
| 3436 OAKLAND AVE MINNEAPOLIS MN 55407 | L D SACTA MORA/R L ESPINOZA | RESIDENTIAL | $405,000 | 150 ft |
| 3413 PORTLAND AVE MINNEAPOLIS MN 55407 | PORTLAND AVENUE 3413 LLC | APARTMENT | $844,000 | 162 ft |
Most Recent Sale
Current Tax Year