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.
1 permit on record since 2023 · $15K total declared value · Most recent: Oct 2023 (misc)
Elite Restoration Pro LLC
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 2,494 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3708 PARK AVE MINNEAPOLIS MN 55407 | T H NGUYEN & S E GONZALEZ | RESIDENTIAL-TWO UNIT | $460,100 | 42 ft |
| 3700 PARK AVE MINNEAPOLIS MN 55407 | H TORRES & A C GARBINI | RESIDENTIAL | $381,000 | 57 ft |
| 3712 PARK AVE MINNEAPOLIS MN 55407 | MILAGROS RAMOS TAYLOR | RESIDENTIAL-TWO UNIT | $385,900 | 86 ft |
| 629 37TH ST E MINNEAPOLIS MN 55407 | I A BLAYLARK & E D BLAYLARK | RESIDENTIAL | $191,300 | 101 ft |
| 3716 PARK AVE MINNEAPOLIS MN 55407 | PAUL A ERDMANN REV LIV TRUST | RESIDENTIAL | $473,000 | 134 ft |
| 625 37TH ST E MINNEAPOLIS MN 55407 | MARK CEMENSKY | RESIDENTIAL | $178,000 | 137 ft |
| 3715 OAKLAND AVE MINNEAPOLIS MN 55407 | OAKLAND HOMES LLC | APARTMENT | $795,000 | 139 ft |
| 621 37TH ST E MINNEAPOLIS MN 55407 | SARA B HUELLE | RESIDENTIAL | $235,800 | 174 ft |
| 3644 PARK AVE MINNEAPOLIS MN 55407 | C J FARRAR & M C MCINERNY | RESIDENTIAL | $474,400 | 178 ft |
| 3720 PARK AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 181 ft |
Most Recent Sale
Current Tax Year