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 · Most recent: Nov 2025 (res)
Sweet's Home Solutions LLC
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,401 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4118 IRVING AVE N MINNEAPOLIS MN 55412 | EVAN REMMEL | RESIDENTIAL | $190,400 | 39 ft |
| 4110 IRVING AVE N MINNEAPOLIS MN 55412 | SANDRA A RAMIREZ LOPEZ | RESIDENTIAL | $213,200 | 40 ft |
| 4122 IRVING AVE N MINNEAPOLIS MN 55412 | JOHANNA ANDREWS | RESIDENTIAL | $249,300 | 79 ft |
| 4106 IRVING AVE N MINNEAPOLIS MN 55412 | GREER ALEXANDRA LAWSON ET AL | RESIDENTIAL | $218,900 | 81 ft |
| 4126 IRVING AVE N MINNEAPOLIS MN 55412 | HELEN BROWN | RESIDENTIAL | $244,000 | 119 ft |
| 1512 41ST AVE N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 120 ft |
| 4111 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | SIRI LOUISE LACHMANSINGH | RESIDENTIAL | $207,600 | 141 ft |
| 4117 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | CYNTHIA M WILLIAMS | RESIDENTIAL | $253,400 | 143 ft |
| 4107 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | SIRI LOUISE LACHMANSINGH | RESIDENTIAL | $43,000 | 153 ft |
| 4123 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | CHRISTOPHER E LUND | RESIDENTIAL | $223,200 | 159 ft |
Most Recent Sale
Current Tax Year