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.
4 permits on record since 2021 · Most recent: Jan 2026 (res)
Admiral Radon & Mechanical Services LLC
CenterPoint Energy Resource Corp
CENTERPOINT ENERGY
FFM 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 3,466 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4006 COLFAX AVE N MINNEAPOLIS MN 55412 | RICKEY A KLINGER | RESIDENTIAL | $198,100 | 50 ft |
| 4010 COLFAX AVE N MINNEAPOLIS MN 55412 | JERRY MAGILL | RESIDENTIAL | $163,500 | 99 ft |
| 3958 COLFAX AVE N MINNEAPOLIS MN 55412 | HARRY COOPER/MELISSA COOPER | RESIDENTIAL | $178,000 | 111 ft |
| 4001 BRYANT AVE N MINNEAPOLIS MN 55412 | DJ FINANCIAL LLC | LOW INCOME RENTAL | $255,500 | 144 ft |
| 4014 COLFAX AVE N MINNEAPOLIS MN 55412 | GABRIEL A HELLER | RESIDENTIAL | $110,000 | 149 ft |
| 3954 COLFAX AVE N MINNEAPOLIS MN 55412 | AUSTIN HUNT | RESIDENTIAL | $133,500 | 150 ft |
| 4005 BRYANT AVE N MINNEAPOLIS MN 55412 | GUSTAFSON/CARSTEN FAM LIV TR | LOW INCOME RENTAL | $296,200 | 151 ft |
| 4011 BRYANT AVE N MINNEAPOLIS MN 55412 | KOCIELA GROODYAI | RESIDENTIAL | $246,300 | 173 ft |
| 909 40TH AVE N MINNEAPOLIS MN 55412 | PHONESAVANH VANNAVONG | RESIDENTIAL | $174,500 | 186 ft |
| 4001 COLFAX AVE N MINNEAPOLIS MN 55412 | TOMMY VALERIO | RESIDENTIAL | $375,000 | 187 ft |
Most Recent Sale
Current Tax Year