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.
2 permits on record since 2021 · $8K total declared value · Most recent: Mar 2021 (remodel)
Minnesota Rusco Inc
Minnesota Rusco Inc
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 3,064 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3731 PARK AVE MINNEAPOLIS MN 55407 | A BARTEL/G BARTEL/P K BARTEL | CONDOMINIUM | $182,000 | 0 ft |
| 3731 PARK AVE MINNEAPOLIS MN 55407 | VALERIE A OLIVEIRO | CONDOMINIUM | $210,000 | 0 ft |
| 3731 PARK AVE MINNEAPOLIS MN 55407 | KRISTEN OLSON | CONDOMINIUM | $213,000 | 0 ft |
| 3731 PARK AVE MINNEAPOLIS MN 55407 | MICHAEL R GREENE | CONDOMINIUM | $212,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 3733 PARK AVE MINNEAPOLIS MN 55407 | JESSE GANTENBEIN | RESIDENTIAL | $325,000 | 45 ft |
| 3725 PARK AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 50 ft |
| 3737 PARK AVE MINNEAPOLIS MN 55407 | HENNEPIN FORFEITED LAND | RESIDENTIAL | $0 | 85 ft |
| 3723 PARK AVE MINNEAPOLIS MN 55407 | W J BETTES & M GRAY | RESIDENTIAL | $295,900 | 92 ft |
| 3741 PARK AVE MINNEAPOLIS MN 55407 | ANNE ROJAS & MONICA ROJAS | RESIDENTIAL | $256,600 | 124 ft |
Most Recent Sale
Current Tax Year