ParcelLens
Property Intelligence · Twin Cities
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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 ↗Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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.
2 permits on record since 2017 · $2K total declared value · Most recent: Jul 2021 (existres)
Ray N Welter Heating Co
Ronald J Olson
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 2,146 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3718 COLUMBUS AVE MINNEAPOLIS MN 55407 | ERIC S REICH | RESIDENTIAL | $348,700 | 38 ft |
| 3712 COLUMBUS AVE MINNEAPOLIS MN 55407 | ROBERT HARLAN HULL | RESIDENTIAL | $248,100 | 39 ft |
| 3722 COLUMBUS AVE MINNEAPOLIS MN 55407 | ROBERT S CROCE JR | RESIDENTIAL | $219,800 | 77 ft |
| 3708 COLUMBUS AVE MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 84 ft |
| 3726 COLUMBUS AVE MINNEAPOLIS MN 55407 | V COMPEAN-ROCHA ET AL | RESIDENTIAL | $252,000 | 119 ft |
| 3704 COLUMBUS AVE MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-APARTMENT | $0 | 129 ft |
| 3715 PARK AVE MINNEAPOLIS MN 55407 | J E GYSLAND/M ONTKO/A ALLEN | RESIDENTIAL | $331,600 | 130 ft |
| 3719 PARK AVE MINNEAPOLIS MN 55407 | JOSE A MENDOZA BAIRES ET AL | RESIDENTIAL | $258,800 | 134 ft |
| 3711 PARK AVE MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-APARTMENT | $0 | 143 ft |
| 3723 PARK AVE MINNEAPOLIS MN 55407 | W J BETTES & M GRAY | RESIDENTIAL | $295,900 | 148 ft |
Most Recent Sale
Current Tax Year