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.
3 permits on record since 2017 · $25K total declared value · Most recent: Apr 2022 (comnofdbv)
SODERLIN PLUMBING HEATING AND AIR
DONNELLY STUCCO & EXTERIORS
CENTERPOINT ENERGY
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 3,470 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3637 COLUMBUS AVE MINNEAPOLIS MN 55407 | PPL DECC LIMITED PARTNERSHIP | LOW INCOME RENTAL | $554,000 | 49 ft |
| 726 37TH ST E MINNEAPOLIS MN 55407 | CITY OF MPLS | VACANT LAND-RESIDENTIAL | $0 | 75 ft |
| 722 37TH ST E MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 86 ft |
| 3633 COLUMBUS AVE MINNEAPOLIS MN 55407 | FOWSIYA HASSAN | RESIDENTIAL | $403,000 | 98 ft |
| 3644 CHICAGO AVE MINNEAPOLIS MN 55407 | SPIRITUAL ASSEMBLY BAHA'IS | COMMERCIAL-PREFERRED | $0 | 134 ft |
| 3636 CHICAGO AVE MINNEAPOLIS MN 55407 | SPIRITUAL ASSEMBLY BAHA'IS | VACANT LAND-APARTMENT | $0 | 136 ft |
| 3629 COLUMBUS AVE MINNEAPOLIS MN 55407 | KEBLER ALVARADO BARBECH | RESIDENTIAL | $233,700 | 154 ft |
| 3632 CHICAGO AVE MINNEAPOLIS MN 55407 | SPIRITUAL ASSEMBLY BAHA'IS | VACANT LAND-APARTMENT | $0 | 161 ft |
| 3640 COLUMBUS AVE MINNEAPOLIS MN 55407 | AFFORDABLE GREEN HOMES LLC | APARTMENT | $517,000 | 186 ft |
| 3644 COLUMBUS AVE MINNEAPOLIS MN 55407 | ENID L WESTON | RESIDENTIAL | $245,100 | 192 ft |
Most Recent Sale
Current Tax Year