Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
6 permits on record since 2017 · $608K total declared value · Most recent: Dec 2024 (commfdrr)
All Climate Mechanical LLC
Unity Construction INC
LIBERTY PLUMBING CO LLC
SERVPRO OF MINNETONKA
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
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 7,006 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3717 OAKLAND AVE MINNEAPOLIS MN 55407 | MICHAEL C MASTERMAN | RESIDENTIAL | $328,600 | 75 ft |
| 625 37TH ST E MINNEAPOLIS MN 55407 | MARK CEMENSKY | RESIDENTIAL | $178,000 | 99 ft |
| 629 37TH ST E MINNEAPOLIS MN 55407 | I A BLAYLARK & E D BLAYLARK | RESIDENTIAL | $191,300 | 105 ft |
| 621 37TH ST E MINNEAPOLIS MN 55407 | SARA B HUELLE | RESIDENTIAL | $235,800 | 107 ft |
| 3721 OAKLAND AVE MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | — | $313,300 | 126 ft |
| 3708 PARK AVE MINNEAPOLIS MN 55407 | T H NGUYEN & S E GONZALEZ | RESIDENTIAL-TWO UNIT | $460,100 | 129 ft |
| 3712 PARK AVE MINNEAPOLIS MN 55407 | MILAGROS RAMOS TAYLOR | RESIDENTIAL-TWO UNIT | $385,900 | 133 ft |
| 3706 PARK AVE MINNEAPOLIS MN 55407 | XE VANG & KER XIONG | RESIDENTIAL | $345,200 | 139 ft |
| 3716 PARK AVE MINNEAPOLIS MN 55407 | PAUL A ERDMANN REV LIV TRUST | RESIDENTIAL | $473,000 | 152 ft |
| 3700 PARK AVE MINNEAPOLIS MN 55407 | H TORRES & A C GARBINI | RESIDENTIAL | $381,000 | 169 ft |
Most Recent Sale
Current Tax Year