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.
4 permits on record since 2017 · $5K total declared value · Most recent: Jul 2019 (existres)
ST PAUL PLUMBING AND HEATING CO INC
HOFFMAN WEBER CONSTRUCTION INC
SCOTT THEILBAR O C INSTALLS LLC
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 2,626 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3617 COLUMBUS AVE MINNEAPOLIS MN 55407 | LISA K SEVERSON | RESIDENTIAL | $196,400 | 42 ft |
| 3609 COLUMBUS AVE MINNEAPOLIS MN 55407 | BUNNIA L JORDAN | RESIDENTIAL | $197,000 | 42 ft |
| 3621 COLUMBUS AVE MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $210,900 | 84 ft |
| 3605 COLUMBUS AVE MINNEAPOLIS MN 55407 | M&M STAFFING LLC | VACANT LAND-RESIDENTIAL | $86,000 | 84 ft |
| 3625 COLUMBUS AVE MINNEAPOLIS MN 55407 | KIMBERLY S BOKOVOY | RESIDENTIAL | $285,500 | 127 ft |
| 3601 COLUMBUS AVE MINNEAPOLIS MN 55407 | AFFORDABLE GREEN HOMES LLC | RESIDENTIAL | $234,800 | 129 ft |
| 731 36TH ST E MINNEAPOLIS MN 55407 | RICHARD FAIRBANKS | RESIDENTIAL | $255,300 | 134 ft |
| 3612 CHICAGO AVE MINNEAPOLIS MN 55407 | ROBERT K EVEREST | RESIDENTIAL | $214,300 | 135 ft |
| 3608 CHICAGO AVE MINNEAPOLIS MN 55407 | O ORTIZ & P A ROMERO | RESIDENTIAL | $398,400 | 141 ft |
| 3616 CHICAGO AVE MINNEAPOLIS MN 55407 | KASSIE BENJAMIN-FICKEN | RESIDENTIAL | $298,500 | 142 ft |
Most Recent Sale
Current Tax Year