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.
1 permit on record since 2025 · Most recent: Apr 2025 (res)
Mattson Plumbing LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
McKinley · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1009
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 1,692 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 607 DOWLING AVE N MINNEAPOLIS MN 55412 | J T STRANZ & E EVANS | RESIDENTIAL | $164,600 | 52 ft |
| 3753 6TH ST N MINNEAPOLIS MN 55412 | MABEL P SPAULDING | RESIDENTIAL | $137,000 | 80 ft |
| 601 DOWLING AVE N MINNEAPOLIS MN 55412 | S CHIEN & M J DAVIS | RESIDENTIAL | $160,000 | 104 ft |
| 3749 6TH ST N MINNEAPOLIS MN 55412 | JAIDA M ADAMS-KING | RESIDENTIAL-TWO UNIT | $366,800 | 113 ft |
| 3754 LYNDALE AVE N MINNEAPOLIS MN 55412 | CHRISTOPHER LOPEZ-PIZANO | RESIDENTIAL | $226,400 | 120 ft |
| 3758 LYNDALE AVE N MINNEAPOLIS MN 55412 | WAMOUA LEE & SHENG HER LEE | RESIDENTIAL | $117,000 | 120 ft |
| 3750 LYNDALE AVE N MINNEAPOLIS MN 55412 | MARGUERITE CAROLYN GORDON | RESIDENTIAL | $145,200 | 132 ft |
| 3743 6TH ST N MINNEAPOLIS MN 55412 | MELISSA NOYES | RESIDENTIAL | $155,900 | 150 ft |
| 3746 LYNDALE AVE N MINNEAPOLIS MN 55412 | OUTLOOK ESTATES LLC | RESIDENTIAL | $136,300 | 154 ft |
| 612 DOWLING AVE N MINNEAPOLIS MN 55412 | JOEL B TREFETHREN | RESIDENTIAL | $130,100 | 166 ft |
Most Recent Sale
Current Tax Year