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 2021 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
Street Plumbing Inc
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 3,516 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4010 GIRARD AVE N MINNEAPOLIS MN 55412 | TOU VUE & PANHIA XIONG VUE | RESIDENTIAL | $209,600 | 50 ft |
| 4018 GIRARD AVE N MINNEAPOLIS MN 55412 | SHOMARI CONLEY | RESIDENTIAL | $178,900 | 50 ft |
| 4006 GIRARD AVE N MINNEAPOLIS MN 55412 | MICHAEL E REGAN & WIFE | RESIDENTIAL | $253,900 | 100 ft |
| 4022 GIRARD AVE N MINNEAPOLIS MN 55412 | CLARENCE UNDERWOOD | RESIDENTIAL | $262,600 | 100 ft |
| 4015 FREMONT AVE N MINNEAPOLIS MN 55412 | ALLURE INVESTMENTS LLC | LOW INCOME RENTAL | $235,000 | 142 ft |
| 4019 FREMONT AVE N MINNEAPOLIS MN 55412 | S C VALES & M J VALES | RESIDENTIAL | $200,200 | 150 ft |
| 4000 GIRARD AVE N MINNEAPOLIS MN 55412 | KAYLEE LINO | RESIDENTIAL-TWO UNIT | $341,200 | 150 ft |
| 4026 GIRARD AVE N MINNEAPOLIS MN 55412 | NATHAN FOWLER | RESIDENTIAL | $174,000 | 150 ft |
| 4011 FREMONT AVE N MINNEAPOLIS MN 55412 | MELANIE SHAFER | RESIDENTIAL | $234,800 | 151 ft |
| 4023 FREMONT AVE N MINNEAPOLIS MN 55412 | R R OREJUELA & I M OREJUELA | RESIDENTIAL | $195,500 | 172 ft |
Most Recent Sale
Current Tax Year