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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1094
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 3,671 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3530 PORTLAND AVE MINNEAPOLIS MN 55407 | JORGE O ARCE | APARTMENT | $441,000 | 56 ft |
| 3538 PORTLAND AVE MINNEAPOLIS MN 55407 | MATTHEW CHARTRAND | APARTMENT | $532,000 | 56 ft |
| 3524 PORTLAND AVE MINNEAPOLIS MN 55407 | PN 10 LLC | RESIDENTIAL-TWO UNIT | $353,600 | 105 ft |
| 3544 PORTLAND AVE MINNEAPOLIS MN 55407 | DOMBROVSKI LLC | APARTMENT | $566,000 | 105 ft |
| 500 36TH ST E MINNEAPOLIS MN 55408 | PBB LLC | APARTMENT | $2,230,000 | 140 ft |
| 3520 PORTLAND AVE MINNEAPOLIS MN 55407 | PAUL M WOOLSONCROFT | RESIDENTIAL | $319,000 | 147 ft |
| 3548 PORTLAND AVE MINNEAPOLIS MN 55407 | LAS PISCINAS LLC | APARTMENT | $521,000 | 147 ft |
| 3516 PORTLAND AVE MINNEAPOLIS MN 55407 | P RUIZ-LEON/Z FLORES-TORRES | RESIDENTIAL | $305,000 | 189 ft |
| 3552 PORTLAND AVE MINNEAPOLIS MN 55407 | SERKALEM DEMESSIE | APARTMENT | $569,000 | 189 ft |
| 3521 5TH AVE S MINNEAPOLIS MN 55408 | MELISSA PALL & AMAN PALL | RESIDENTIAL | $284,000 | 199 ft |
Most Recent Sale
Current Tax Year