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 2018 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
Ryan Plumbing And Heating Co
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 1 — low-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 sfr / adu benchmarks for 3,514 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4042 EMERSON AVE N MINNEAPOLIS MN 55412 | LISA METZBOWER | RESIDENTIAL | $223,000 | 50 ft |
| 4050 EMERSON AVE N MINNEAPOLIS MN 55412 | JENNIFER ELIZABETH JORNS | RESIDENTIAL | $232,600 | 51 ft |
| 4038 EMERSON AVE N MINNEAPOLIS MN 55412 | D & D ROWAN | RESIDENTIAL | $233,100 | 100 ft |
| 4047 DUPONT AVE N MINNEAPOLIS MN 55412 | CHRISTIANA G HOWELL | RESIDENTIAL | $211,500 | 142 ft |
| 4034 EMERSON AVE N MINNEAPOLIS MN 55412 | DAVID J COURT | RESIDENTIAL | $148,200 | 145 ft |
| 4049 DUPONT AVE N MINNEAPOLIS MN 55412 | TAI HON LLC | LOW INCOME RENTAL | $265,300 | 150 ft |
| 4043 DUPONT AVE N MINNEAPOLIS MN 55412 | ALISON SUTTA | RESIDENTIAL | $182,000 | 151 ft |
| 4039 DUPONT AVE N MINNEAPOLIS MN 55412 | L J CALHOUN & M K CALHOUN | RESIDENTIAL | $255,600 | 175 ft |
| 4030 EMERSON AVE N MINNEAPOLIS MN 55412 | CHRISTOPHER LEACH | RESIDENTIAL | $216,000 | 185 ft |
| 4047 EMERSON AVE N MINNEAPOLIS MN 55412 | MARIAH WAGNER | RESIDENTIAL | $160,400 | 188 ft |
Most Recent Sale
Current Tax Year