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.
9 permits on record since 2022 · $180K total declared value · Most recent: May 2025 (misc)
TEAM CONSTRUCTION LLC
TEAM CONSTRUCTION LLC
Hamlin Installations LLC
MN Plumbing & Home Services INC
MN Plumbing & Home Services INC
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 3 — medium-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 1,225 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 620 37TH AVE N MINNEAPOLIS MN 55412 | KATHERINE HINMAN | RESIDENTIAL | $131,000 | 45 ft |
| 3710 LYNDALE AVE N MINNEAPOLIS MN 55412 | LYNDALE TERRACE LLC | VACANT LAND-RESIDENTIAL | $16,000 | 81 ft |
| 3700 LYNDALE AVE N MINNEAPOLIS MN 55412 | TRESHONDA CONLEY | RESIDENTIAL | $167,800 | 101 ft |
| 3712 LYNDALE AVE N MINNEAPOLIS MN 55412 | K J LAVANDOWSKA & A R SIM | RESIDENTIAL | $112,000 | 113 ft |
| 3707 6TH ST N MINNEAPOLIS MN 55412 | PJ INVESTMENT INC | RESIDENTIAL | $122,000 | 116 ft |
| 3701 6TH ST N MINNEAPOLIS MN 55412 | C S STUMNE & J SCHOWALTER | RESIDENTIAL | $146,200 | 116 ft |
| 3711 6TH ST N MINNEAPOLIS MN 55412 | ROBERT M ANDERSON TRUSTEE | RESIDENTIAL | $182,700 | 128 ft |
| 3718 LYNDALE AVE N MINNEAPOLIS MN 55412 | SARANSOR PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $20,000 | 149 ft |
| 3715 6TH ST N MINNEAPOLIS MN 55412 | BJORN T BERG | RESIDENTIAL | $140,500 | 150 ft |
| 3654 LYNDALE AVE N MINNEAPOLIS MN 55412 | DIVINE KINCHELOW | RESIDENTIAL-TWO UNIT | $360,400 | 161 ft |
Most Recent Sale
Current Tax Year