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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗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 ↗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 2023 · $500 total declared value · Most recent: Mar 2023 (res)
BURNOMATIC
KARL JORGENSON
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 3,335 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3731 COLUMBUS AVE MINNEAPOLIS MN 55407 | MAXWELL THOMPSON | RESIDENTIAL-TWO UNIT | $381,800 | 50 ft |
| 726 38TH ST E MINNEAPOLIS MN 55407 | TANDEM FAM RESOURCE CENTER | APARTMENT | $0 | 89 ft |
| 722 38TH ST E MINNEAPOLIS MN 55407 | RUTH M ANTONIO | RESIDENTIAL | $218,500 | 98 ft |
| 730 38TH ST E MINNEAPOLIS MN 55407 | FTRUCK LLC | COMMERCIAL-PREFERRED | $539,000 | 99 ft |
| 3727 COLUMBUS AVE MINNEAPOLIS MN 55407 | J A OSTERHOLT & K C JASPER | RESIDENTIAL-TWO UNIT | $390,700 | 101 ft |
| 3740 CHICAGO AVE MINNEAPOLIS MN 55407 | CHICAGO AVENUE SHOPS LLC | APARTMENT | $855,800 | 134 ft |
| 3732 CHICAGO AVE MINNEAPOLIS MN 55407 | CHICAGO AVENUE SHOPS LLC | COMMERCIAL-PREFERRED | $209,000 | 139 ft |
| 3730 CHICAGO AVE MINNEAPOLIS MN 55407 | CHICAGO AVENUE SHOPS LLC | COMMERCIAL-PREFERRED | $209,000 | 148 ft |
| 3725 COLUMBUS AVE MINNEAPOLIS MN 55407 | CHRISTINA M VOLCK JOHNSON | RESIDENTIAL-TWO UNIT | $386,900 | 151 ft |
| 3744 CHICAGO AVE MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 158 ft |
Most Recent Sale
Current Tax Year