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 2018 · $4K total declared value · Most recent: Apr 2018 (existres)
Airic's Heating & Air Conditioning 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 3,513 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4143 EMERSON AVE N MINNEAPOLIS MN 55412 | KIMCUC THI PHAN | RESIDENTIAL | $279,000 | 50 ft |
| 4135 EMERSON AVE N MINNEAPOLIS MN 55412 | KRYZTA MARTINEZ | RESIDENTIAL | $231,300 | 50 ft |
| 4131 EMERSON AVE N MINNEAPOLIS MN 55412 | A ODDEN/J ODDEN/T ODDEN ETAL | RESIDENTIAL-TWO UNIT | $303,200 | 100 ft |
| 4147 EMERSON AVE N MINNEAPOLIS MN 55412 | K M SAUTER & D J SAUTER | RESIDENTIAL | $260,600 | 100 ft |
| 4138 FREMONT AVE N MINNEAPOLIS MN 55412 | PAO CHOUA VUE | RESIDENTIAL | $160,200 | 142 ft |
| 4127 EMERSON AVE N MINNEAPOLIS MN 55412 | CHANEZ C SIMMONS | RESIDENTIAL | $298,000 | 150 ft |
| 4134 FREMONT AVE N MINNEAPOLIS MN 55412 | PHOEBE HOLDINGS LLC | APARTMENT | $432,000 | 150 ft |
| 4151 EMERSON AVE N MINNEAPOLIS MN 55412 | OPAL ROXANNE ROBINSON | RESIDENTIAL-TWO UNIT | $381,800 | 153 ft |
| 4146 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 162 ft |
| 4130 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 173 ft |
Most Recent Sale
Current Tax Year