Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
1 permit on record since 2024 · $7K total declared value · Most recent: Jul 2024 (misc)
ERICK KALLERUP CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Longfellow · 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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2940 38TH AVE S MINNEAPOLIS MN 55406 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 40 ft |
| 3714 LAKE ST E MINNEAPOLIS MN 55406 | D & Z REAL ESTATE LLC | LAND-COMMERCIAL | $46,100 | 62 ft |
| 3722 LAKE ST E MINNEAPOLIS MN 55406 | D & Z REAL ESTATE LLC | COMMERCIAL-PREFERRED | $209,000 | 68 ft |
| 3712 LAKE ST E MINNEAPOLIS MN 55406 | IRKUSH COMPANY LLC | APARTMENT | $449,000 | 76 ft |
| 2936 38TH AVE S MINNEAPOLIS MN 55406 | A M JACOBSEN & T D BAXTER | RESIDENTIAL | $311,500 | 80 ft |
| 2932 38TH AVE S MINNEAPOLIS MN 55406 | IONE L TOLLEFSON | RESIDENTIAL | $250,700 | 120 ft |
| 2945 37TH AVE S MINNEAPOLIS MN 55406 | SARAH K WEEKS/JOHN M SANDAHL | RESIDENTIAL | $326,600 | 141 ft |
| 2941 37TH AVE S MINNEAPOLIS MN 55406 | ANANYA CHATTERJEA | RESIDENTIAL | $346,400 | 147 ft |
| 3702 LAKE ST E MINNEAPOLIS MN 55406 | CTR FOR ASIANS/PACIFIC ISLND | COMMERCIAL-PREFERRED | $0 | 153 ft |
| 2928 38TH AVE S MINNEAPOLIS MN 55406 | J S HARVEY & M T VIDAS | RESIDENTIAL | $255,200 | 160 ft |