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.
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 1074
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
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 3,887 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2847 31ST AVE S MINNEAPOLIS MN 55406 | ETHAN PARSONS/SARAH BURRIDGE | RESIDENTIAL-TWO UNIT | $407,600 | 48 ft |
| 2837 31ST AVE S MINNEAPOLIS MN 55406 | KOLADEX VENTURE LLC | APARTMENT | $498,000 | 48 ft |
| 2833 31ST AVE S MINNEAPOLIS MN 55406 | MARTIN J KERSTEN | RESIDENTIAL | $418,400 | 96 ft |
| 3114 29TH ST E MINNEAPOLIS MN 55406 | JULIE RENTSCH | RESIDENTIAL | $327,000 | 110 ft |
| 2829 31ST AVE S MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 144 ft |
| 3118 29TH ST E MINNEAPOLIS MN 55406 | E BEST & C STEDMAN | RESIDENTIAL | $261,000 | 156 ft |
| 2840 32ND AVE S MINNEAPOLIS MN 55406 | JOHN OLIVAREZ ARPISTA | RESIDENTIAL-TWO UNIT | $372,800 | 161 ft |
| 2903 31ST AVE S MINNEAPOLIS MN 55406 | DAVID K RUBENSTEIN | RESIDENTIAL | $202,000 | 169 ft |
| 3020 29TH ST E MINNEAPOLIS MN 55406 | R SAMUELSON & M A SMALLS | RESIDENTIAL | $305,500 | 175 ft |
| 2832 32ND AVE S MINNEAPOLIS MN 55406 | REBECCA A LUCERO | RESIDENTIAL | $363,000 | 182 ft |
Most Recent Sale
Current Tax Year