Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
1 permit on record since 2018 · $1K total declared value · Most recent: Jun 2018 (misc)
Luis Zumba
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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 3,515 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4024 FREMONT AVE N MINNEAPOLIS MN 55412 | LUIS ENRIQUE ROMERO | RESIDENTIAL | $226,000 | 45 ft |
| 4018 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF LAKES COM LAND TRUST | — | $243,000 | 50 ft |
| 4028 FREMONT AVE N MINNEAPOLIS MN 55412 | BROOKE HOPPE | RESIDENTIAL | $199,000 | 85 ft |
| 4014 FREMONT AVE N MINNEAPOLIS MN 55412 | T Q THAI & T N T TRAN | RESIDENTIAL | $137,400 | 100 ft |
| 4032 FREMONT AVE N MINNEAPOLIS MN 55412 | VELMA J AHIGRIM | RESIDENTIAL | $151,200 | 125 ft |
| 4023 EMERSON AVE N MINNEAPOLIS MN 55412 | THADDEUS HUDSON | RESIDENTIAL | $211,400 | 142 ft |
| 4027 EMERSON AVE N MINNEAPOLIS MN 55412 | MICHELLE N BERRY | RESIDENTIAL | $277,000 | 150 ft |
| 4010 FREMONT AVE N MINNEAPOLIS MN 55412 | C W MOZEY & S C MOZEY | RESIDENTIAL | $231,800 | 150 ft |
| 4019 EMERSON AVE N MINNEAPOLIS MN 55412 | CHARLOTTE M WILLIAMS | RESIDENTIAL-TWO UNIT | $316,800 | 151 ft |
| 4036 FREMONT AVE N MINNEAPOLIS MN 55412 | NANCY ENGBERG | RESIDENTIAL | $145,900 | 165 ft |
Most Recent Sale
Current Tax Year