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
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 3,514 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4115 EMERSON AVE N MINNEAPOLIS MN 55412 | CITY LAKES COMMUNITY LAND TR | — | $148,300 | 50 ft |
| 4107 EMERSON AVE N MINNEAPOLIS MN 55412 | ANDRE DUKE | RESIDENTIAL | $157,400 | 50 ft |
| 4101 EMERSON AVE N MINNEAPOLIS MN 55412 | JAMES R OLSON | RESIDENTIAL | $245,600 | 100 ft |
| 4119 EMERSON AVE N MINNEAPOLIS MN 55412 | KHUE PHAM | RESIDENTIAL | $266,400 | 125 ft |
| 4110 FREMONT AVE N MINNEAPOLIS MN 55412 | EARNEST BOCLAIR | RESIDENTIAL | $177,700 | 142 ft |
| 4106 FREMONT AVE N MINNEAPOLIS MN 55412 | J M M TENEMAZA/I M A MERCHAN | RESIDENTIAL | $206,100 | 150 ft |
| 4114 FREMONT AVE N MINNEAPOLIS MN 55412 | AMANI CONST & DEVEL LLC | VACANT LAND-RESIDENTIAL | $0 | 151 ft |
| 4100 FREMONT AVE N MINNEAPOLIS MN 55412 | VORK FREMONT FAMILY TRUST | RESIDENTIAL-TWO UNIT | $358,000 | 173 ft |
| 4118 FREMONT AVE N MINNEAPOLIS MN 55412 | CHAD L FULLER | RESIDENTIAL | $265,300 | 175 ft |
| 4127 EMERSON AVE N MINNEAPOLIS MN 55412 | CHANEZ C SIMMONS | RESIDENTIAL | $298,000 | 200 ft |
Most Recent Sale
Current Tax Year