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 ↗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: 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 3 — medium-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 2,307 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3740 OAKLAND AVE MINNEAPOLIS MN 55407 | ELOY PONCE & CLARA PONCE | RESIDENTIAL | $322,000 | 41 ft |
| 610 38TH ST E MINNEAPOLIS MN 55407 | SELBERT ATHIAS | RESIDENTIAL | $226,000 | 43 ft |
| 3736 OAKLAND AVE MINNEAPOLIS MN 55407 | TYSON MALCHOW | RESIDENTIAL | $295,000 | 83 ft |
| 3732 OAKLAND AVE MINNEAPOLIS MN 55407 | TRAM-ANH T NGO | RESIDENTIAL-TWO UNIT | $350,400 | 125 ft |
| 3751 PORTLAND AVE MINNEAPOLIS MN 55407 | ABDUL TEL & ANAS TEL | COMMERCIAL-PREFERRED | $476,000 | 135 ft |
| 3741 PORTLAND AVE MINNEAPOLIS MN 55407 | LUIS A PAUCAR | RESIDENTIAL | $419,000 | 143 ft |
| 624 38TH ST E MINNEAPOLIS MN 55407 | DN1 LLC | APARTMENT | $593,000 | 154 ft |
| 3800 OAKLAND AVE MINNEAPOLIS MN 55407 | JOSE F JARA PAREDES | RESIDENTIAL | $289,200 | 154 ft |
| 3728 OAKLAND AVE MINNEAPOLIS MN 55407 | MARIANO ESPINOZA | RESIDENTIAL | $254,700 | 168 ft |
| 3733 PORTLAND AVE MINNEAPOLIS MN 55407 | TEA PROPERTIES INC | RESIDENTIAL-TWO UNIT | $302,700 | 177 ft |
Most Recent Sale
Current Tax Year