Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2020 · $8K total declared value · Most recent: Oct 2022 (misc)
SMART BUILDERS INC
CenterPoint Energy Resource Corp
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 5,469 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4235 JAMES AVE N MINNEAPOLIS MN 55412 | J R BACKSTROM/L N BACKSTROM | RESIDENTIAL | $257,200 | 50 ft |
| 4241 JAMES AVE N MINNEAPOLIS MN 55412 | MANUEL J SIBRI | RESIDENTIAL-TWO UNIT | $351,600 | 53 ft |
| 4247 JAMES AVE N MINNEAPOLIS MN 55412 | ADRIANNA LANDRY | RESIDENTIAL | $196,800 | 103 ft |
| 4227 JAMES AVE N MINNEAPOLIS MN 55412 | S P BUTLER/E T BUTLER | RESIDENTIAL | $249,700 | 111 ft |
| 4249 JAMES AVE N MINNEAPOLIS MN 55412 | JESSICA MOROCHO TACURI | RESIDENTIAL | $226,100 | 153 ft |
| 4225 JAMES AVE N MINNEAPOLIS MN 55412 | A M ANDERSON/B J ANDERSON | RESIDENTIAL | $246,900 | 173 ft |
| 4253 JAMES AVE N MINNEAPOLIS MN 55412 | MIGUEL BERISTAIN STEIN | RESIDENTIAL-TWO UNIT | $463,100 | 203 ft |
| 4236 JAMES AVE N MINNEAPOLIS MN 55412 | SHARON L OLESON | RESIDENTIAL | $199,600 | 205 ft |
| 4240 JAMES AVE N MINNEAPOLIS MN 55412 | B TOLLIVER & R A DIXON | RESIDENTIAL | $185,400 | 205 ft |
| 4244 JAMES AVE N MINNEAPOLIS MN 55412 | W D HERRING & N L CARTER | RESIDENTIAL | $258,300 | 216 ft |
Most Recent Sale
Current Tax Year