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 ↗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 ↗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: Jun 2022 (existres)
Standard Heating and Air Conditioning Inc
Jake the Plumber LLC
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 small multifamily (2–4 units, wood frame) benchmarks for 2,637 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4032 FREMONT AVE N MINNEAPOLIS MN 55412 | VELMA J AHIGRIM | RESIDENTIAL | $151,200 | 40 ft |
| 4038 FREMONT AVE N MINNEAPOLIS MN 55412 | BRETT ALWIN | RESIDENTIAL | $256,700 | 40 ft |
| 4028 FREMONT AVE N MINNEAPOLIS MN 55412 | BROOKE HOPPE | RESIDENTIAL | $199,000 | 80 ft |
| 4044 FREMONT AVE N MINNEAPOLIS MN 55412 | AISHA ELSAYED AHMED REZK | RESIDENTIAL | $77,000 | 85 ft |
| 4024 FREMONT AVE N MINNEAPOLIS MN 55412 | LUIS ENRIQUE ROMERO | RESIDENTIAL | $226,000 | 120 ft |
| 4046 FREMONT AVE N MINNEAPOLIS MN 55412 | ANGELA L S MORRIS | RESIDENTIAL | $196,000 | 135 ft |
| 4035 EMERSON AVE N MINNEAPOLIS MN 55412 | ANTHONY LIES | RESIDENTIAL | $139,000 | 143 ft |
| 4039 EMERSON AVE N MINNEAPOLIS MN 55412 | SJH HOLDINGS LLC | RESIDENTIAL | $135,000 | 146 ft |
| 4031 EMERSON AVE N MINNEAPOLIS MN 55412 | CITY LAKES COMM LAND TRUST | — | $201,400 | 157 ft |
| 4043 EMERSON AVE N MINNEAPOLIS MN 55412 | KAYLA R MADLAND | RESIDENTIAL | $186,200 | 164 ft |
Most Recent Sale
Current Tax Year