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.
5 permits on record since 2017 · $18K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
SODERLIN PLUMBING HEATING AND AIR
Home Energy Center Inc
RENEWAL BY ANDERSEN CORP
Twin Cities Plumbing Heating and Construction 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 sfr / adu benchmarks for 141 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3605 COLUMBUS AVE MINNEAPOLIS MN 55407 | M&M STAFFING LLC | VACANT LAND-RESIDENTIAL | $86,000 | 59 ft |
| 3601 COLUMBUS AVE MINNEAPOLIS MN 55407 | AFFORDABLE GREEN HOMES LLC | RESIDENTIAL | $234,800 | 61 ft |
| 3609 COLUMBUS AVE MINNEAPOLIS MN 55407 | BUNNIA L JORDAN | RESIDENTIAL | $197,000 | 94 ft |
| 3600 CHICAGO AVE MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $196,600 | 95 ft |
| 3604 CHICAGO AVE MINNEAPOLIS MN 55407 | GENET B BEYENE | RESIDENTIAL | $282,000 | 105 ft |
| 3549 COLUMBUS AVE MINNEAPOLIS MN 55407 | POWDERHORN BUILDINGS LLC | APARTMENT | $663,000 | 118 ft |
| 3608 CHICAGO AVE MINNEAPOLIS MN 55407 | O ORTIZ & P A ROMERO | RESIDENTIAL | $398,400 | 128 ft |
| 3613 COLUMBUS AVE MINNEAPOLIS MN 55407 | J H SCHWANTES & G J BRUHL | RESIDENTIAL | $290,400 | 134 ft |
| 3548 CHICAGO AVE MINNEAPOLIS MN 55407 | A A LAPHAM & P J LAPHAM | VACANT LAND-RESIDENTIAL | $28,000 | 144 ft |
| 3545 COLUMBUS AVE MINNEAPOLIS MN 55407 | CHRISTEIN NEIGHLY | RESIDENTIAL | $287,700 | 158 ft |
Most Recent Sale
Current Tax Year