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 2019 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,505 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4047 EMERSON AVE N MINNEAPOLIS MN 55412 | MARIAH WAGNER | RESIDENTIAL | $160,400 | 51 ft |
| 4043 EMERSON AVE N MINNEAPOLIS MN 55412 | KAYLA R MADLAND | RESIDENTIAL | $186,200 | 101 ft |
| 4101 EMERSON AVE N MINNEAPOLIS MN 55412 | JAMES R OLSON | RESIDENTIAL | $245,600 | 112 ft |
| 4050 FREMONT AVE N MINNEAPOLIS MN 55412 | ARAFAT EL BAKRI | RESIDENTIAL-TWO UNIT | $236,600 | 142 ft |
| 4046 FREMONT AVE N MINNEAPOLIS MN 55412 | ANGELA L S MORRIS | RESIDENTIAL | $196,000 | 150 ft |
| 4039 EMERSON AVE N MINNEAPOLIS MN 55412 | SJH HOLDINGS LLC | RESIDENTIAL | $135,000 | 151 ft |
| 4107 EMERSON AVE N MINNEAPOLIS MN 55412 | ANDRE DUKE | RESIDENTIAL | $157,400 | 162 ft |
| 4044 FREMONT AVE N MINNEAPOLIS MN 55412 | AISHA ELSAYED AHMED REZK | RESIDENTIAL | $77,000 | 173 ft |
| 4100 FREMONT AVE N MINNEAPOLIS MN 55412 | VORK FREMONT FAMILY TRUST | RESIDENTIAL-TWO UNIT | $358,000 | 182 ft |
| 4050 EMERSON AVE N MINNEAPOLIS MN 55412 | JENNIFER ELIZABETH JORNS | RESIDENTIAL | $232,600 | 187 ft |
Most Recent Sale
Current Tax Year