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 2025 · Most recent: Aug 2025 (res)
Thelen Mechanical 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 3,514 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4131 FREMONT AVE N MINNEAPOLIS MN 55412 | CIARAN O'DRISCOLL | RESIDENTIAL-TWO UNIT | $338,900 | 50 ft |
| 4123 FREMONT AVE N MINNEAPOLIS MN 55412 | OSMAN MOHAMED | RESIDENTIAL | $305,000 | 50 ft |
| 4135 FREMONT AVE N MINNEAPOLIS MN 55412 | CBW PROPERTIES LLC | RESIDENTIAL | $146,100 | 100 ft |
| 4119 FREMONT AVE N MINNEAPOLIS MN 55412 | N S & J C GRIMME | RESIDENTIAL-TWO UNIT | $293,400 | 100 ft |
| 4126 GIRARD AVE N MINNEAPOLIS MN 55412 | RANDA AYOUB | RESIDENTIAL-TWO UNIT | $252,000 | 142 ft |
| 4139 FREMONT AVE N MINNEAPOLIS MN 55412 | SARAH SMITH LACHAPELLE ET AL | RESIDENTIAL | $174,400 | 150 ft |
| 4115 FREMONT AVE N MINNEAPOLIS MN 55412 | MICHAEL MOORE | RESIDENTIAL | $218,000 | 150 ft |
| 4122 GIRARD AVE N MINNEAPOLIS MN 55412 | TA'NIA WASHINGTON | RESIDENTIAL | $220,000 | 150 ft |
| 4130 GIRARD AVE N MINNEAPOLIS MN 55412 | DIANA HERNANDEZ HERNANDEZ | RESIDENTIAL | $245,500 | 151 ft |
| 4118 GIRARD AVE N MINNEAPOLIS MN 55412 | NATHANIEL M BURSHEIM | RESIDENTIAL | $225,000 | 173 ft |
Most Recent Sale
Current Tax Year