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 2017 · Most recent: Jan 2017 (res)
CENTERPOINT ENERGY
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,414 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 609 37TH ST E MINNEAPOLIS MN 55407 | ALABAMA 2 LLC | RESIDENTIAL-TWO UNIT | $441,200 | 59 ft |
| 3708 OAKLAND AVE MINNEAPOLIS MN 55407 | ROGER ARIZA TREJO | RESIDENTIAL | $279,600 | 83 ft |
| 621 37TH ST E MINNEAPOLIS MN 55407 | SARA B HUELLE | RESIDENTIAL | $235,800 | 99 ft |
| 3712 OAKLAND AVE MINNEAPOLIS MN 55407 | SHANNON M/RONALD J HAYNES JR | RESIDENTIAL | $399,800 | 130 ft |
| 625 37TH ST E MINNEAPOLIS MN 55407 | MARK CEMENSKY | RESIDENTIAL | $178,000 | 137 ft |
| 618 37TH ST E MINNEAPOLIS MN 55407 | TITO B MENDOZA | RESIDENTIAL | $224,800 | 139 ft |
| 612 37TH ST E MINNEAPOLIS MN 55407 | A ULASICH & R ULASICH | RESIDENTIAL | $233,700 | 158 ft |
| 3718 OAKLAND AVE MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $305,200 | 170 ft |
| 3705 PORTLAND AVE MINNEAPOLIS MN 55407 | R GOMEZ & M G HERNANDEZ | RESIDENTIAL | $296,100 | 170 ft |
| 3715 OAKLAND AVE MINNEAPOLIS MN 55407 | OAKLAND HOMES LLC | APARTMENT | $795,000 | 170 ft |
Most Recent Sale
Current Tax Year