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.
1 permit on record since 2024 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,355 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4046 GIRARD AVE N MINNEAPOLIS MN 55412 | JOANNE T LUTZ | RESIDENTIAL | $276,800 | 51 ft |
| 4042 GIRARD AVE N MINNEAPOLIS MN 55412 | DAVID OSORIO | RESIDENTIAL | $176,000 | 101 ft |
| 1309 41ST AVE N MINNEAPOLIS MN 55412 | TONY MIXAB | RESIDENTIAL | $95,000 | 103 ft |
| 4100 GIRARD AVE N MINNEAPOLIS MN 55412 | VIRGINIA M WILLIS-KELLY | RESIDENTIAL-TWO UNIT | $372,400 | 111 ft |
| 4047 FREMONT AVE N MINNEAPOLIS MN 55412 | LYNN L HEYING | RESIDENTIAL | $109,800 | 151 ft |
| 4038 GIRARD AVE N MINNEAPOLIS MN 55412 | CITY OF LAKES COMM LAND TRST | — | $277,500 | 151 ft |
| 4106 GIRARD AVE N MINNEAPOLIS MN 55412 | ROXANNE VICTORIA DREITZLER | RESIDENTIAL | $217,800 | 161 ft |
| 4049 FREMONT AVE N MINNEAPOLIS MN 55412 | TONY MIXAB | COMMERCIAL-PREFERRED | $376,000 | 167 ft |
| 4043 FREMONT AVE N MINNEAPOLIS MN 55412 | ROCIO JIMENES CERVANTES | RESIDENTIAL | $218,000 | 175 ft |
| 4103 FREMONT AVE N MINNEAPOLIS MN 55412 | JEFFREY S STRIEFEL | RESIDENTIAL | $254,000 | 179 ft |
Current Tax Year