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 · $4K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
PRESIDENTIAL CONSTRUCTION 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 1 — low-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 sfr / adu benchmarks for 2,131 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4038 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | LUIS M C REYES ET AL | RESIDENTIAL | $181,000 | 40 ft |
| 4046 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | EMILY L FLATT | RESIDENTIAL | $280,800 | 45 ft |
| 4036 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | SANDRA D CULVERSON | RESIDENTIAL | $163,000 | 80 ft |
| 4050 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | BRUCE R NOLAN | RESIDENTIAL | $257,400 | 95 ft |
| 4034 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | FRANCINE MAE PASS | RESIDENTIAL | $200,900 | 120 ft |
| 4043 GIRARD AVE N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 134 ft |
| 4047 GIRARD AVE N MINNEAPOLIS MN 55412 | MILTON O GUAZHAMBO | RESIDENTIAL | $209,200 | 140 ft |
| 4039 GIRARD AVE N MINNEAPOLIS MN 55412 | BENITO JUAREZ FERRER | RESIDENTIAL | $256,000 | 145 ft |
| 4030 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | DEANGELA D BURRAGE | RESIDENTIAL | $174,900 | 160 ft |
| 4049 GIRARD AVE N MINNEAPOLIS MN 55412 | JOHN R HUNTER | RESIDENTIAL-TWO UNIT | $222,600 | 163 ft |
Most Recent Sale
Current Tax Year