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.
1 permit on record since 2019 · Most recent: Feb 2019 (existres)
Centraire Heating & Air Conditioning 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4105 COLFAX AVE N MINNEAPOLIS MN 55412 | 4105 COLFAX LLC | RESIDENTIAL-TWO UNIT | $260,600 | 50 ft |
| 4049 COLFAX AVE N MINNEAPOLIS MN 55412 | MUNAH MITCHELL TWEH | RESIDENTIAL-TWO UNIT | $289,800 | 105 ft |
| 4111 COLFAX AVE N MINNEAPOLIS MN 55412 | SHAHIR A SALEEM | TRIPLEX | $582,900 | 112 ft |
| 4100 DUPONT AVE N MINNEAPOLIS MN 55412 | JOSEPH JACKSON | LOW INCOME RENTAL | $295,100 | 142 ft |
| 4047 COLFAX AVE N MINNEAPOLIS MN 55412 | ANA DARK SKY | RESIDENTIAL | $233,400 | 145 ft |
| 4106 DUPONT AVE N MINNEAPOLIS MN 55412 | KENG LEE | RESIDENTIAL | $143,500 | 151 ft |
| 4115 COLFAX AVE N MINNEAPOLIS MN 55412 | FIONNA MASSEY | RESIDENTIAL | $277,000 | 162 ft |
| 4100 COLFAX AVE N MINNEAPOLIS MN 55412 | ALEXANDER J CORBIN | VACANT LAND-RESIDENTIAL | $17,000 | 164 ft |
| 4110 DUPONT AVE N MINNEAPOLIS MN 55412 | DEBORAH VANESSA VELASCO | RESIDENTIAL | $203,000 | 175 ft |
| 4050 DUPONT AVE N MINNEAPOLIS MN 55412 | KYLE MINER | RESIDENTIAL-TWO UNIT | $343,500 | 180 ft |
Current Tax Year