Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗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: Mar 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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 5,217 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | DANIEL HALLGREN | RESIDENTIAL | $208,100 | 59 ft |
| 3739 OAKLAND AVE MINNEAPOLIS MN 55407 | PAUL A MARTENS | RESIDENTIAL | $327,100 | 87 ft |
| 3731 OAKLAND AVE MINNEAPOLIS MN 55407 | NATHAN B VISTE | RESIDENTIAL | $237,000 | 133 ft |
| 3744 PARK AVE MINNEAPOLIS MN 55407 | V L M GRANDA & N E G GRANDA | RESIDENTIAL | $521,000 | 148 ft |
| 3748 PARK AVE MINNEAPOLIS MN 55407 | G R GUNTLY & J X GUNTLY | RESIDENTIAL | $567,000 | 153 ft |
| 3744 OAKLAND AVE MINNEAPOLIS MN 55407 | KATE RODAHL & ADAM SEXTON | RESIDENTIAL | $161,100 | 154 ft |
| 3740 PARK AVE MINNEAPOLIS MN 55407 | HEIDI FELLNER | RESIDENTIAL | $394,300 | 155 ft |
| 610 38TH ST E MINNEAPOLIS MN 55407 | SELBERT ATHIAS | RESIDENTIAL | $226,000 | 165 ft |
| 3740 OAKLAND AVE MINNEAPOLIS MN 55407 | ELOY PONCE & CLARA PONCE | RESIDENTIAL | $322,000 | 166 ft |
| 621 38TH ST E MINNEAPOLIS MN 55407 | KHAYR PROPERTY GROUP INC | COMMERCIAL-PREFERRED | $444,000 | 169 ft |
Most Recent Sale
Current Tax Year