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 2018 · $242K total declared value · Most recent: Jan 2019 (tempheat)
LACY MECHANICAL LLC
LACY MECHANICAL LLC
LACY MECHANICAL LLC
LIBERTY PLUMBING CO LLC
D AND J STEELE CONSTRUCTION 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 3,512 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4127 COLFAX AVE N MINNEAPOLIS MN 55412 | DUC MINH TRUONG | RESIDENTIAL-TWO UNIT | $212,200 | 50 ft |
| 4119 COLFAX AVE N MINNEAPOLIS MN 55412 | MATTHEW MCDONALD | RESIDENTIAL | $171,000 | 50 ft |
| 4115 COLFAX AVE N MINNEAPOLIS MN 55412 | FIONNA MASSEY | RESIDENTIAL | $277,000 | 88 ft |
| 4129 COLFAX AVE N MINNEAPOLIS MN 55412 | EQUITY TRUST COMPANY | APARTMENT | $413,000 | 100 ft |
| 4111 COLFAX AVE N MINNEAPOLIS MN 55412 | SHAHIR A SALEEM | TRIPLEX | $582,900 | 138 ft |
| 4122 DUPONT AVE N MINNEAPOLIS MN 55412 | CASSANDRA A ELLISON | RESIDENTIAL | $282,200 | 142 ft |
| 4133 COLFAX AVE N MINNEAPOLIS MN 55412 | CHEE NENG LOR | RESIDENTIAL | $377,000 | 150 ft |
| 4118 DUPONT AVE N MINNEAPOLIS MN 55412 | MATISHA GRANDBERRY | RESIDENTIAL | $248,100 | 150 ft |
| 4126 DUPONT AVE N MINNEAPOLIS MN 55412 | KEVIN ROGER JOHNSON | RESIDENTIAL-TWO UNIT | $295,300 | 151 ft |
| 4114 DUPONT AVE N MINNEAPOLIS MN 55412 | W R ORTIZ & S S FELIX | RESIDENTIAL | $201,900 | 173 ft |
Most Recent Sale
Current Tax Year