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.
2 permits on record since 2018 · $800 total declared value · Most recent: Jul 2019 (misc)
ITPI Restoration LLC
STAFFORD HOME SERVICE
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 3,523 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4126 COLFAX AVE N MINNEAPOLIS MN 55412 | JOHN J ALEXANDER | RESIDENTIAL | $263,000 | 50 ft |
| 4134 COLFAX AVE N MINNEAPOLIS MN 55412 | K & P KERN | RESIDENTIAL | $232,100 | 50 ft |
| 4122 COLFAX AVE N MINNEAPOLIS MN 55412 | JETOINE MATHURIN | RESIDENTIAL | $158,000 | 100 ft |
| 4138 COLFAX AVE N MINNEAPOLIS MN 55412 | LATRICE MERRITT | RESIDENTIAL | $222,000 | 100 ft |
| 4131 BRYANT AVE N MINNEAPOLIS MN 55412 | DAVID LADD | RESIDENTIAL | $215,600 | 143 ft |
| 4118 COLFAX AVE N MINNEAPOLIS MN 55412 | J & A GREEN | RESIDENTIAL | $156,900 | 150 ft |
| 4142 COLFAX AVE N MINNEAPOLIS MN 55412 | GABRIELLE FERGUSON | RESIDENTIAL | $263,400 | 150 ft |
| 4135 BRYANT AVE N MINNEAPOLIS MN 55412 | MARILYN L LINDBLOM | RESIDENTIAL | $148,200 | 152 ft |
| 4127 BRYANT AVE N MINNEAPOLIS MN 55412 | M E V ALVARDO & O V PASTRANA | RESIDENTIAL | $223,600 | 152 ft |
| 4139 BRYANT AVE N MINNEAPOLIS MN 55412 | JAYMES H DRIELING | LOW INCOME RENTAL | $174,900 | 175 ft |
Most Recent Sale
Current Tax Year