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.
9 permits on record since 2008 · $99K total declared value · Most recent: Nov 2024 (res)
Warners Stellian Co Inc
Mike's Custom Mechanical Inc
POWER PLUMBING LLC
Blaylock Plumbing Co Inc
Aaztec Heating and Air Conditioning 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 3,120 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3640 PARK AVE MINNEAPOLIS MN 55407 | TRAI THOMAS & SOKHA EAM | RESIDENTIAL-TWO UNIT | $477,800 | 50 ft |
| 3632 PARK AVE MINNEAPOLIS MN 55407 | SARAH BURT | CONDOMINIUM | $143,000 | 50 ft |
| 3632 PARK AVE MINNEAPOLIS MN 55407 | REBEKAH A SIMPSON | CONDOMINIUM | $159,000 | 50 ft |
| 3632 PARK AVE MINNEAPOLIS MN 55407 | KATHLEEN L FUREY | CONDOMINIUM | $129,000 | 50 ft |
| 3632 PARK AVE MINNEAPOLIS MN 55407 | TAJA WILL | CONDOMINIUM | $129,000 | 50 ft |
| MN | Unknown | — | — | 50 ft |
| 3644 PARK AVE MINNEAPOLIS MN 55407 | C J FARRAR & M C MCINERNY | RESIDENTIAL | $474,400 | 100 ft |
| 3628 PARK AVE MINNEAPOLIS MN 55407 | S SKIBBIE & V X SKIBBIE | RESIDENTIAL | $534,000 | 101 ft |
| 626 37TH ST E MINNEAPOLIS MN 55407 | EMILY M CASSEL | RESIDENTIAL | $237,100 | 112 ft |
| 3637 OAKLAND AVE MINNEAPOLIS MN 55407 | EMILY E ENG | RESIDENTIAL | $189,000 | 129 ft |
Most Recent Sale
Current Tax Year