Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2019 · $1K total declared value · Most recent: Jun 2019 (remodel)
SHADY M CHAHOUD
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
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 2,422 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3605 PARK AVE MINNEAPOLIS MN 55407 | POWDERHORN BUILDINGS LLC | RESIDENTIAL-TWO UNIT | $336,900 | 43 ft |
| 3609 PARK AVE MINNEAPOLIS MN 55407 | MIKKI A VANEPS | RESIDENTIAL | $301,000 | 86 ft |
| 3615 PARK AVE MINNEAPOLIS MN 55407 | BBM HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $347,700 | 128 ft |
| 3600 COLUMBUS AVE MINNEAPOLIS MN 55407 | D P SUITOR & D A PETERSON | RESIDENTIAL | $408,200 | 130 ft |
| 3545 PARK AVE MINNEAPOLIS MN 55407 | MAXWELL JAY-DIXON | RESIDENTIAL | $415,000 | 131 ft |
| 3604 COLUMBUS AVE MINNEAPOLIS MN 55407 | S M JIMENEZ & S LEGGATE | RESIDENTIAL | $241,300 | 137 ft |
| 3608 COLUMBUS AVE MINNEAPOLIS MN 55407 | JESUS M SANCHEZ | RESIDENTIAL | $249,800 | 156 ft |
| 3548 COLUMBUS AVE MINNEAPOLIS MN 55407 | THEOTIS FURGUSON | RESIDENTIAL | $193,000 | 169 ft |
| 3612 COLUMBUS AVE MINNEAPOLIS MN 55407 | W A HART & E P NEER | RESIDENTIAL | $240,300 | 184 ft |
| 3621 PARK AVE MINNEAPOLIS MN 55407 | ALEXANDRA E COOPER | RESIDENTIAL | $496,500 | 189 ft |
Most Recent Sale
Current Tax Year