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 2020 · $11K total declared value · Most recent: Mar 2021 (misc)
Truvone Hervey
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 3,529 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4217 MORGAN AVE N MINNEAPOLIS MN 55412 | BREANNA J WATSON | RESIDENTIAL | $240,900 | 50 ft |
| 4209 MORGAN AVE N MINNEAPOLIS MN 55412 | M E R GARCIA & M R Y CURILLO | RESIDENTIAL | $223,500 | 50 ft |
| 4221 MORGAN AVE N MINNEAPOLIS MN 55412 | H HENDERSON JR & R E NELSON | RESIDENTIAL | $284,100 | 100 ft |
| 4201 MORGAN AVE N MINNEAPOLIS MN 55412 | O O HEIDE & S J HEIDE | RESIDENTIAL | $239,000 | 105 ft |
| 4212 NEWTON AVE N MINNEAPOLIS MN 55412 | JIM LEE & JESSICA LEE | RESIDENTIAL | $237,100 | 142 ft |
| 4225 MORGAN AVE N MINNEAPOLIS MN 55412 | JIMMIE NELSON & DANA NELSON | RESIDENTIAL | $195,300 | 150 ft |
| 4208 NEWTON AVE N MINNEAPOLIS MN 55412 | URSULA AIMEE LARSON | RESIDENTIAL | $259,600 | 150 ft |
| 4216 NEWTON AVE N MINNEAPOLIS MN 55412 | ROBERT E COLEMAN | RESIDENTIAL | $244,700 | 151 ft |
| 4200 NEWTON AVE N MINNEAPOLIS MN 55412 | SUSAN M PAULSEN | RESIDENTIAL | $258,200 | 175 ft |
| 4220 NEWTON AVE N MINNEAPOLIS MN 55412 | CYNTHIA S FREEMAN | RESIDENTIAL | $265,400 | 175 ft |
Most Recent Sale
Current Tax Year