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.
3 permits on record since 2021 · $5K total declared value · Most recent: May 2026 (existres)
All Climate Mechanical LLC
CenterPoint Energy Resource Corp
CRAFT MASTERS REMODELING 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 1 — low-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 sfr / adu benchmarks for 3,488 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4042 COLFAX AVE N MINNEAPOLIS MN 55412 | PAUL & KIMBERLY FREITAG | LOW INCOME RENTAL | $157,900 | 50 ft |
| 4050 COLFAX AVE N MINNEAPOLIS MN 55412 | PAUL T TROTT | RESIDENTIAL | $210,000 | 53 ft |
| 4038 COLFAX AVE N MINNEAPOLIS MN 55412 | NOMI WEBBER-CAMDEN PROP LLC | RESIDENTIAL-TWO UNIT | $215,400 | 90 ft |
| 4034 COLFAX AVE N MINNEAPOLIS MN 55412 | J Q FERNANDEZ & W A JARA | RESIDENTIAL-TWO UNIT | $199,800 | 124 ft |
| 4047 BRYANT AVE N MINNEAPOLIS MN 55412 | SOBHY EL-MEHRAT | RESIDENTIAL | $207,300 | 144 ft |
| 4051 BRYANT AVE N MINNEAPOLIS MN 55412 | PINEWOOD LLC | RESIDENTIAL | $202,300 | 153 ft |
| 4043 BRYANT AVE N MINNEAPOLIS MN 55412 | ELISSA FRANKLIN | RESIDENTIAL | $229,900 | 153 ft |
| 4032 COLFAX AVE N MINNEAPOLIS MN 55412 | NANCY VANG | RESIDENTIAL | $169,100 | 165 ft |
| 4100 COLFAX AVE N MINNEAPOLIS MN 55412 | ALEXANDER J CORBIN | VACANT LAND-RESIDENTIAL | $17,000 | 168 ft |
| 912 41ST AVE N MINNEAPOLIS MN 55412 | SPARKLE D SMITH | RESIDENTIAL | $115,700 | 170 ft |
Most Recent Sale
Current Tax Year