Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗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 ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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.
2 permits on record since 2019 · $500 total declared value · Most recent: Dec 2021 (conversion)
Shane R Madson Patrick
MN Plumbing & Home Services INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1004
Zip code 55412
Source: Redfin Data Center (Invalid Date) · Zip 55412
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 7,007 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3950 LYNDALE AVE N MINNEAPOLIS MN 55412 | YIA VANG | RESIDENTIAL | $169,900 | 58 ft |
| 3946 LYNDALE AVE N MINNEAPOLIS MN 55412 | HOLLOWAY REVOCABLE TRUST | RESIDENTIAL | $258,200 | 98 ft |
| 3940 LYNDALE AVE N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 138 ft |
| 4000 LYNDALE AVE N MINNEAPOLIS MN 55412 | EBBELISA MARIE LAULUNEN | RESIDENTIAL | $259,000 | 145 ft |
| 3955 6TH ST N MINNEAPOLIS MN 55412 | ROSE Y XIONG/SEAN T T XIONG | RESIDENTIAL | $246,400 | 149 ft |
| 3951 6TH ST N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 167 ft |
| 3947 6TH ST N MINNEAPOLIS MN 55412 | MN HOUSING II LLC | RESIDENTIAL | $226,000 | 190 ft |
| 3938 LYNDALE AVE N MINNEAPOLIS MN 55412 | GOMOSON WONOSIKOU | RESIDENTIAL-TWO UNIT | $356,400 | 198 ft |
| 3959 LYNDALE AVE N MINNEAPOLIS MN 55412 | EDAO DAWANO | RESIDENTIAL-TWO UNIT | $327,100 | 207 ft |
| 4010 LYNDALE AVE N MINNEAPOLIS MN 55412 | EDHSE CRUZ & F M BUENO PLAZA | RESIDENTIAL | $287,300 | 208 ft |
Most Recent Sale
Current Tax Year