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
ANTHONY D LIES
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
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 3,515 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4039 EMERSON AVE N MINNEAPOLIS MN 55412 | SJH HOLDINGS LLC | RESIDENTIAL | $135,000 | 50 ft |
| 4031 EMERSON AVE N MINNEAPOLIS MN 55412 | CITY LAKES COMM LAND TRUST | — | $201,400 | 50 ft |
| 4043 EMERSON AVE N MINNEAPOLIS MN 55412 | KAYLA R MADLAND | RESIDENTIAL | $186,200 | 100 ft |
| 4027 EMERSON AVE N MINNEAPOLIS MN 55412 | MICHELLE N BERRY | RESIDENTIAL | $277,000 | 100 ft |
| 4036 FREMONT AVE N MINNEAPOLIS MN 55412 | NANCY ENGBERG | RESIDENTIAL | $145,900 | 143 ft |
| 4032 FREMONT AVE N MINNEAPOLIS MN 55412 | VELMA J AHIGRIM | RESIDENTIAL | $151,200 | 144 ft |
| 4047 EMERSON AVE N MINNEAPOLIS MN 55412 | MARIAH WAGNER | RESIDENTIAL | $160,400 | 150 ft |
| 4023 EMERSON AVE N MINNEAPOLIS MN 55412 | THADDEUS HUDSON | RESIDENTIAL | $211,400 | 150 ft |
| 4038 FREMONT AVE N MINNEAPOLIS MN 55412 | BRETT ALWIN | RESIDENTIAL | $256,700 | 153 ft |
| 4028 FREMONT AVE N MINNEAPOLIS MN 55412 | BROOKE HOPPE | RESIDENTIAL | $199,000 | 155 ft |
Most Recent Sale
Current Tax Year