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 2020 · Most recent: Feb 2020 (res)
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 3,527 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4240 NEWTON AVE N MINNEAPOLIS MN 55412 | JOHN M DEROY ETAL | RESIDENTIAL | $231,500 | 50 ft |
| 4248 NEWTON AVE N MINNEAPOLIS MN 55412 | YA CHANG & MA LEE | RESIDENTIAL | $223,200 | 50 ft |
| 4236 NEWTON AVE N MINNEAPOLIS MN 55412 | ROBERT F STAFFORD | RESIDENTIAL | $232,600 | 100 ft |
| 2017 43RD AVE N MINNEAPOLIS MN 55412 | JOMARD TRAMAINE HENDERSON | RESIDENTIAL | $231,300 | 123 ft |
| 2023 43RD AVE N MINNEAPOLIS MN 55412 | JUSTIN L SCHUG | RESIDENTIAL | $194,800 | 125 ft |
| 4245 MORGAN AVE N MINNEAPOLIS MN 55412 | AMANDA LE | RESIDENTIAL | $244,700 | 142 ft |
| 4249 MORGAN AVE N MINNEAPOLIS MN 55412 | NENG VANG | RESIDENTIAL | $227,000 | 150 ft |
| 4232 NEWTON AVE N MINNEAPOLIS MN 55412 | ANTONIA KIRK | RESIDENTIAL | $281,900 | 150 ft |
| 4241 MORGAN AVE N MINNEAPOLIS MN 55412 | ABBY ROZA & ERIKA SASS | LOW INCOME RENTAL | $256,800 | 151 ft |
| 2007 43RD AVE N MINNEAPOLIS MN 55412 | RODRIGO YUBAILLA YUMBO | RESIDENTIAL | $125,200 | 162 ft |
Most Recent Sale
Current Tax Year