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.
5 permits on record since 2017 · $25K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
Patriot Homes LLC
BILL FIGNAR PLUMBING CO
ALLAN BUTLER
ALLAN BUTLER
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 3,515 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4015 COLFAX AVE N MINNEAPOLIS MN 55412 | MICHAEL RYAN | RESIDENTIAL | $183,000 | 50 ft |
| 4007 COLFAX AVE N MINNEAPOLIS MN 55412 | GENEVIEVE MATHILDA JOLY | RESIDENTIAL | $167,600 | 50 ft |
| 4019 COLFAX AVE N MINNEAPOLIS MN 55412 | MOLINA INVESTMENT GROUP LLC | RESIDENTIAL | $184,400 | 100 ft |
| 4001 COLFAX AVE N MINNEAPOLIS MN 55412 | TOMMY VALERIO | RESIDENTIAL | $375,000 | 100 ft |
| 4010 DUPONT AVE N MINNEAPOLIS MN 55412 | REILLY O'NEIL | RESIDENTIAL-TWO UNIT | $392,300 | 142 ft |
| 4021 COLFAX AVE N MINNEAPOLIS MN 55412 | M ROBINSON & M ROBINSON | RESIDENTIAL-TWO UNIT | $289,300 | 150 ft |
| 4006 DUPONT AVE N MINNEAPOLIS MN 55412 | ROBERT J ZURAWSKI | RESIDENTIAL-TWO UNIT | $283,500 | 150 ft |
| 4014 DUPONT AVE N MINNEAPOLIS MN 55412 | LEORA GREEN | RESIDENTIAL | $213,100 | 151 ft |
| 4000 DUPONT AVE N MINNEAPOLIS MN 55412 | ROCHELLE HARRIS | RESIDENTIAL | $251,800 | 172 ft |
| 4018 DUPONT AVE N MINNEAPOLIS MN 55412 | PAUL P LIENTZ | RESIDENTIAL | $218,900 | 175 ft |
Most Recent Sale
Current Tax Year