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.
3 permits on record since 2023 · $6K total declared value · Most recent: Aug 2023 (res)
DEN-MARK PLUMBING INC
DEN-MARK PLUMBING INC
Claudio Rodrigo Morocho Illescas
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Webber - Camden · 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 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 3,535 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3859 6TH ST N MINNEAPOLIS MN 55412 | TOWN LEE | RESIDENTIAL | $281,000 | 38 ft |
| 3851 6TH ST N MINNEAPOLIS MN 55412 | CITY OF LAKES COMM LAND TRST | — | $455,000 | 40 ft |
| 3847 6TH ST N MINNEAPOLIS MN 55412 | J MALIAKAMALAYIL/V CHACKO | RESIDENTIAL-TWO UNIT | $270,700 | 80 ft |
| 3843 6TH ST N MINNEAPOLIS MN 55412 | MAYURA HOMES & RENTALS LLC | RESIDENTIAL | $163,000 | 120 ft |
| 3839 6TH ST N MINNEAPOLIS MN 55412 | STEVEN THOMPSON | RESIDENTIAL-TWO UNIT | $231,000 | 160 ft |
| 3905 6TH ST N MINNEAPOLIS MN 55412 | YOLANDA E BAIRES MIGUEL ETAL | RESIDENTIAL-TWO UNIT | $216,200 | 162 ft |
| 3856 LYNDALE AVE N MINNEAPOLIS MN 55412 | COLLEEN T KNUTH | RESIDENTIAL | $207,700 | 172 ft |
| 3850 LYNDALE AVE N MINNEAPOLIS MN 55412 | LIZBETH HERNANDEZ RAMIREZ | RESIDENTIAL | $253,400 | 178 ft |
| 425 39TH AVE N MINNEAPOLIS MN 55412 | D&G PROPERTY LLC | APARTMENT | $463,000 | 178 ft |
| 612 39TH AVE N MINNEAPOLIS MN 55412 | MINNESTPOPOLIS I LLC | RESIDENTIAL | $149,000 | 186 ft |
Most Recent Sale
Current Tax Year