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.
1 permit on record since 2024 · $7K total declared value · Most recent: Feb 2024 (commfdrr)
Binder Heating and Air Conditioning Inc
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
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 2,647 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2915 35TH AVE S MINNEAPOLIS MN 55406 | MARY DALMAN | RESIDENTIAL-TWO UNIT | $344,300 | 40 ft |
| 2925 35TH AVE S MINNEAPOLIS MN 55406 | MERRILL KNOTTS | RESIDENTIAL | $683,000 | 60 ft |
| 2909 35TH AVE S MINNEAPOLIS MN 55406 | SALLY BEADO GONZALEZ | RESIDENTIAL | $320,000 | 80 ft |
| 2929 35TH AVE S MINNEAPOLIS MN 55406 | CRAIG LAWRENCE WOOD | RESIDENTIAL-TWO UNIT | $340,300 | 120 ft |
| 2905 35TH AVE S MINNEAPOLIS MN 55406 | ELLIOTT HOMES LLC | RESIDENTIAL-TWO UNIT | $334,900 | 120 ft |
| 2916 36TH AVE S MINNEAPOLIS MN 55406 | SCOTT CHRISTENSEN ET AL | RESIDENTIAL | $351,800 | 142 ft |
| 2912 36TH AVE S MINNEAPOLIS MN 55406 | EDDYE M WATKINS | RESIDENTIAL | $395,900 | 148 ft |
| 2920 36TH AVE S MINNEAPOLIS MN 55406 | HANNAH LUTZ | RESIDENTIAL | $312,600 | 148 ft |
| 2901 35TH AVE S MINNEAPOLIS MN 55406 | AUDREY J BOYLE | RESIDENTIAL | $315,800 | 159 ft |
| 2933 35TH AVE S MINNEAPOLIS MN 55406 | JOHN WULTERKENS | RESIDENTIAL | $268,500 | 160 ft |
Most Recent Sale
Current Tax Year