Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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.
4 permits on record since 2026 · $32K total declared value · Most recent: Apr 2026 (existres)
Heating and Cooling Design Inc
Cities 1 Plumbing and Heating Inc
Cities 1 Plumbing and Heating Inc
CA&M Construction 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 3,507 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3701 6TH ST N MINNEAPOLIS MN 55412 | C S STUMNE & J SCHOWALTER | RESIDENTIAL | $146,200 | 38 ft |
| 3711 6TH ST N MINNEAPOLIS MN 55412 | ROBERT M ANDERSON TRUSTEE | RESIDENTIAL | $182,700 | 40 ft |
| 3715 6TH ST N MINNEAPOLIS MN 55412 | BJORN T BERG | RESIDENTIAL | $140,500 | 80 ft |
| 616 37TH AVE N MINNEAPOLIS MN 55412 | ANDREW BAUERNFEIND ET AL | RESIDENTIAL | $195,800 | 116 ft |
| 3719 6TH ST N MINNEAPOLIS MN 55412 | AMANDA DUDLEY | RESIDENTIAL | $162,400 | 120 ft |
| 3655 6TH ST N MINNEAPOLIS MN 55412 | MCKINLEY COMMUNITY | VACANT LAND-RESIDENTIAL | $0 | 159 ft |
| 620 37TH AVE N MINNEAPOLIS MN 55412 | KATHERINE HINMAN | RESIDENTIAL | $131,000 | 160 ft |
| 3721 6TH ST N MINNEAPOLIS MN 55412 | RAUNEL OCAMPO SORIANO ET AL | RESIDENTIAL | $167,100 | 160 ft |
| 3710 LYNDALE AVE N MINNEAPOLIS MN 55412 | LYNDALE TERRACE LLC | VACANT LAND-RESIDENTIAL | $16,000 | 175 ft |
| 3712 LYNDALE AVE N MINNEAPOLIS MN 55412 | K J LAVANDOWSKA & A R SIM | RESIDENTIAL | $112,000 | 189 ft |
Most Recent Sale
Current Tax Year