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 2021 · $3K total declared value · Most recent: Jan 2022 (existres)
Mike's Custom Mechanical Inc
Cedar and Stone LLC
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 2,988 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3943 6TH ST N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 40 ft |
| 3951 6TH ST N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 40 ft |
| 3939 6TH ST N MINNEAPOLIS MN 55412 | PLAZA HOLDINGS LLC | RESIDENTIAL | $248,000 | 80 ft |
| 3955 6TH ST N MINNEAPOLIS MN 55412 | ROSE Y XIONG/SEAN T T XIONG | RESIDENTIAL | $246,400 | 98 ft |
| 3935 6TH ST N MINNEAPOLIS MN 55412 | M C CAGUANA & M T YUPA | RESIDENTIAL | $218,100 | 120 ft |
| 3931 6TH ST N MINNEAPOLIS MN 55412 | M A C CAGUANA & M T YUPA | RESIDENTIAL | $276,800 | 160 ft |
| 3946 LYNDALE AVE N MINNEAPOLIS MN 55412 | HOLLOWAY REVOCABLE TRUST | RESIDENTIAL | $258,200 | 162 ft |
| 3940 LYNDALE AVE N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 166 ft |
| 3950 LYNDALE AVE N MINNEAPOLIS MN 55412 | YIA VANG | RESIDENTIAL | $169,900 | 167 ft |
| 3938 LYNDALE AVE N MINNEAPOLIS MN 55412 | GOMOSON WONOSIKOU | RESIDENTIAL-TWO UNIT | $356,400 | 190 ft |
Most Recent Sale
Current Tax Year