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 2020 · $16K total declared value · Most recent: Oct 2025 (misc)
TURNKEY RESTORATION
FFM LLC
Hero Home Services LLC
STAFFORD HOME SERVICE
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 4,830 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4219 JAMES AVE N MINNEAPOLIS MN 55412 | BRIDGET E DEERFLINGER | RESIDENTIAL | $205,200 | 50 ft |
| 4227 JAMES AVE N MINNEAPOLIS MN 55412 | S P BUTLER/E T BUTLER | RESIDENTIAL | $249,700 | 63 ft |
| 4215 JAMES AVE N MINNEAPOLIS MN 55412 | NICOLE GEBECK | RESIDENTIAL | $258,800 | 100 ft |
| 4235 JAMES AVE N MINNEAPOLIS MN 55412 | J R BACKSTROM/L N BACKSTROM | RESIDENTIAL | $257,200 | 123 ft |
| 4211 JAMES AVE N MINNEAPOLIS MN 55412 | APRIL M ROG | RESIDENTIAL | $198,000 | 151 ft |
| 4239 JAMES AVE N MINNEAPOLIS MN 55412 | S D IREY & D A IREY | RESIDENTIAL | $214,000 | 173 ft |
| 4207 JAMES AVE N MINNEAPOLIS MN 55412 | K J GREEN & A M GREEN | RESIDENTIAL | $173,000 | 201 ft |
| 4226 JAMES AVE N MINNEAPOLIS MN 55412 | CASEY BUCK & MELISSA FOX | RESIDENTIAL | $251,100 | 204 ft |
| 4222 JAMES AVE N MINNEAPOLIS MN 55412 | TEMPHY ROCHELLE THOMPSON | RESIDENTIAL | $101,000 | 208 ft |
| 4242 KNOX AVE N MINNEAPOLIS MN 55412 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 217 ft |
Most Recent Sale
Current Tax Year