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.
1 permit on record since 2024 · $25K total declared value · Most recent: May 2024 (misc)
Commercial Residential Roofing and Remodeling LLC
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 6,818 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3417 PARK AVE MINNEAPOLIS MN 55407 | FRANCES BANNEN/JANE BENDER | RESIDENTIAL | $474,800 | 73 ft |
| 3405 PARK AVE MINNEAPOLIS MN 55407 | D L CINA & M D KRUEGER | RESIDENTIAL | $273,000 | 74 ft |
| 3421 PARK AVE MINNEAPOLIS MN 55407 | JACOB SHARFF & KARI SHARFF | RESIDENTIAL | $458,000 | 123 ft |
| 3401 PARK AVE MINNEAPOLIS MN 55407 | NATHAN J CRESS/ERIC D GIBSON | RESIDENTIAL | $441,300 | 123 ft |
| 3408 COLUMBUS AVE MINNEAPOLIS MN 55407 | PHILLIP & RENEE POPPENHAGEN | RESIDENTIAL-TWO UNIT | $324,700 | 132 ft |
| 3412 COLUMBUS AVE MINNEAPOLIS MN 55407 | N CANTOS & C CANTOS | RESIDENTIAL-TWO UNIT | $513,000 | 132 ft |
| 3404 COLUMBUS AVE MINNEAPOLIS MN 55407 | EMILY TUCKER & JANE LAUGHLIN | RESIDENTIAL | $303,000 | 148 ft |
| 3416 COLUMBUS AVE MINNEAPOLIS MN 55407 | EQUITY TRUST CO | RESIDENTIAL-TWO UNIT | $307,100 | 150 ft |
| 3425 PARK AVE MINNEAPOLIS MN 55407 | PETER J CRANDALL | RESIDENTIAL-TWO UNIT | $485,000 | 171 ft |
| 3400 COLUMBUS AVE MINNEAPOLIS MN 55407 | RAUL A LLAPA & MARIA L LLAPA | RESIDENTIAL-TWO UNIT | $478,100 | 178 ft |
Most Recent Sale
Current Tax Year