Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
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
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,426 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3604 CHICAGO AVE MINNEAPOLIS MN 55407 | GENET B BEYENE | RESIDENTIAL | $282,000 | 43 ft |
| 3608 CHICAGO AVE MINNEAPOLIS MN 55407 | O ORTIZ & P A ROMERO | RESIDENTIAL | $398,400 | 86 ft |
| 731 36TH ST E MINNEAPOLIS MN 55407 | RICHARD FAIRBANKS | RESIDENTIAL | $255,300 | 95 ft |
| 3548 CHICAGO AVE MINNEAPOLIS MN 55407 | A A LAPHAM & P J LAPHAM | VACANT LAND-RESIDENTIAL | $28,000 | 109 ft |
| 3612 CHICAGO AVE MINNEAPOLIS MN 55407 | ROBERT K EVEREST | RESIDENTIAL | $214,300 | 128 ft |
| 3605 COLUMBUS AVE MINNEAPOLIS MN 55407 | M&M STAFFING LLC | VACANT LAND-RESIDENTIAL | $86,000 | 142 ft |
| 3544 CHICAGO AVE MINNEAPOLIS MN 55407 | BARRY ANDERSON | RESIDENTIAL | $218,600 | 152 ft |
| 3601 COLUMBUS AVE MINNEAPOLIS MN 55407 | AFFORDABLE GREEN HOMES LLC | RESIDENTIAL | $234,800 | 155 ft |
| 3609 COLUMBUS AVE MINNEAPOLIS MN 55407 | BUNNIA L JORDAN | RESIDENTIAL | $197,000 | 159 ft |
| 3616 CHICAGO AVE MINNEAPOLIS MN 55407 | KASSIE BENJAMIN-FICKEN | RESIDENTIAL | $298,500 | 170 ft |
Most Recent Sale
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