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.
2 permits on record since 2019 · $18K total declared value · Most recent: Oct 2019 (comnofdbv)
Warners Stellian Co Inc
Mayday Restoration
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 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 2,556 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3544 PORTLAND AVE MINNEAPOLIS MN 55407 | DOMBROVSKI LLC | APARTMENT | $566,000 | 42 ft |
| 3552 PORTLAND AVE MINNEAPOLIS MN 55407 | SERKALEM DEMESSIE | APARTMENT | $569,000 | 42 ft |
| 3538 PORTLAND AVE MINNEAPOLIS MN 55407 | MATTHEW CHARTRAND | APARTMENT | $532,000 | 91 ft |
| 3534 PORTLAND AVE MINNEAPOLIS MN 55407 | ALFONSO & GLORIA VELEZ | APARTMENT | $492,000 | 147 ft |
| 3600 PORTLAND AVE MINNEAPOLIS MN 55407 | BLANCA DOLORES AGUDO | RESIDENTIAL-TWO UNIT | $378,700 | 163 ft |
| 500 36TH ST E MINNEAPOLIS MN 55408 | PBB LLC | APARTMENT | $2,230,000 | 170 ft |
| 3604 PORTLAND AVE MINNEAPOLIS MN 55407 | HENDRI M CARPIO AGUDO | RESIDENTIAL-TWO UNIT | $335,600 | 203 ft |
| 3530 PORTLAND AVE MINNEAPOLIS MN 55407 | JORGE O ARCE | APARTMENT | $441,000 | 203 ft |
| 3549 PORTLAND AVE MINNEAPOLIS MN 55407 | M C OVERHISER & L OVERHISER | RESIDENTIAL-TWO UNIT | $459,800 | 218 ft |
| 3545 PORTLAND AVE MINNEAPOLIS MN 55407 | A N BROWN & R M BROWN | RESIDENTIAL | $394,300 | 221 ft |
Most Recent Sale
Current Tax Year