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 2024 · Most recent: Jan 2024 (existres)
Professional Mechanical Services 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 3-story wood frame (5–12 units) benchmarks for 3,516 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4023 FREMONT AVE N MINNEAPOLIS MN 55412 | R R OREJUELA & I M OREJUELA | RESIDENTIAL | $195,500 | 50 ft |
| 4015 FREMONT AVE N MINNEAPOLIS MN 55412 | ALLURE INVESTMENTS LLC | LOW INCOME RENTAL | $235,000 | 50 ft |
| 4027 FREMONT AVE N MINNEAPOLIS MN 55412 | REGINALD JARRETT | RESIDENTIAL | $222,000 | 100 ft |
| 4011 FREMONT AVE N MINNEAPOLIS MN 55412 | MELANIE SHAFER | RESIDENTIAL | $234,800 | 100 ft |
| 4018 GIRARD AVE N MINNEAPOLIS MN 55412 | SHOMARI CONLEY | RESIDENTIAL | $178,900 | 142 ft |
| 4031 FREMONT AVE N MINNEAPOLIS MN 55412 | LUIS MEDINA PAINTING LLC | RESIDENTIAL | $136,600 | 150 ft |
| 4007 FREMONT AVE N MINNEAPOLIS MN 55412 | AMAR PULCHAN | RESIDENTIAL | $227,400 | 150 ft |
| 4014 GIRARD AVE N MINNEAPOLIS MN 55412 | SARA ANNE FORSBERG | RESIDENTIAL | $186,100 | 150 ft |
| 4022 GIRARD AVE N MINNEAPOLIS MN 55412 | CLARENCE UNDERWOOD | RESIDENTIAL | $262,600 | 151 ft |
| 4010 GIRARD AVE N MINNEAPOLIS MN 55412 | TOU VUE & PANHIA XIONG VUE | RESIDENTIAL | $209,600 | 172 ft |
Most Recent Sale
Current Tax Year