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.
8 permits on record since 2017 · $18K total declared value · Most recent: Feb 2026 (existres)
CENTERPOINT ENERGY
MERIDIAN PROPERTIES LLC
MERIDIAN PROPERTIES LLC
MERIDIAN PROPERTIES LLC
DEN-MARK PLUMBING INC
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 1,823 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3619 OAKLAND AVE MINNEAPOLIS MN 55407 | ANDREA REVOLORIO BELTRAN | RESIDENTIAL | $250,500 | 34 ft |
| 3613 OAKLAND AVE MINNEAPOLIS MN 55407 | KEITH D MALMER | RESIDENTIAL | $165,700 | 34 ft |
| 3611 OAKLAND AVE MINNEAPOLIS MN 55407 | NICHOLAS FOX | RESIDENTIAL | $227,300 | 67 ft |
| 3621 OAKLAND AVE MINNEAPOLIS MN 55407 | E E CASPER & G CAYETANO | RESIDENTIAL-TWO UNIT | $343,000 | 75 ft |
| 3625 OAKLAND AVE MINNEAPOLIS MN 55407 | D U CORDOVA/E U VAZQUEZ ETAL | RESIDENTIAL | $256,100 | 119 ft |
| 3612 PARK AVE MINNEAPOLIS MN 55407 | CYNTHIA E BLACKMON | RESIDENTIAL | $242,400 | 131 ft |
| 3616 PARK AVE MINNEAPOLIS MN 55407 | FRANKLIN ORTIZ | RESIDENTIAL | $254,000 | 132 ft |
| 625 36TH ST E MINNEAPOLIS MN 55407 | JULIO R JARA & ELSA B JARA | RESIDENTIAL | $261,000 | 139 ft |
| 621 36TH ST E MINNEAPOLIS MN 55407 | LUKE P RUSTAD | RESIDENTIAL-TWO UNIT | $340,600 | 145 ft |
| 3608 PARK AVE MINNEAPOLIS MN 55407 | HANNAH FRICK ET AL | CONDOMINIUM | $174,000 | 149 ft |
Most Recent Sale
Current Tax Year