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.
6 permits on record since 2014 · $61K total declared value · Most recent: Apr 2026 (misc)
MERIDIAN PROPERTIES LLC
Northern One Hour Heating & Air Conditioning, Inc
CenterPoint Energy Resource Corp
Elevate Exteriors & Remodeling Inc
TRUE BLUE CONSTRUCTION SERVICES 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
Urban Neighborhood 1 — low-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 sfr / adu benchmarks for 3,348 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4007 ALDRICH AVE N MINNEAPOLIS MN 55412 | MERCEY VANG | RESIDENTIAL | $188,500 | 47 ft |
| 4011 ALDRICH AVE N MINNEAPOLIS MN 55412 | MICHAEL CAMPBELL | RESIDENTIAL | $237,300 | 89 ft |
| 3959 ALDRICH AVE N MINNEAPOLIS MN 55412 | CHRISTINE E BILLINGS | RESIDENTIAL | $210,300 | 109 ft |
| 4015 ALDRICH AVE N MINNEAPOLIS MN 55412 | CITY OF LAKES COMM LAND TRST | — | $201,700 | 131 ft |
| 4000 BRYANT AVE N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $201,000 | 141 ft |
| 3955 ALDRICH AVE N MINNEAPOLIS MN 55412 | A J ARGO & A L ARGO | RESIDENTIAL | $235,000 | 146 ft |
| 4006 BRYANT AVE N MINNEAPOLIS MN 55412 | DANLEN PROPERTIES LLC | RESIDENTIAL | $127,900 | 149 ft |
| 4000 ALDRICH AVE N MINNEAPOLIS MN 55412 | RICHARD A JONES | RESIDENTIAL | $194,000 | 161 ft |
| 4010 BRYANT AVE N MINNEAPOLIS MN 55412 | HARON Y ISAQ | RESIDENTIAL | $112,400 | 167 ft |
| 4019 ALDRICH AVE N MINNEAPOLIS MN 55412 | LOB PROPERTIES LLC | RESIDENTIAL | $163,400 | 173 ft |
Most Recent Sale
Current Tax Year