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 2018 · $5K total declared value · Most recent: Feb 2020 (res)
CenterPoint Energy Resource Corp
STINSON SERVICES INC
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 2,636 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4147 IRVING AVE N MINNEAPOLIS MN 55412 | AARON DALLY | RESIDENTIAL | $274,200 | 40 ft |
| 4139 IRVING AVE N MINNEAPOLIS MN 55412 | MICHAEL NELSON | RESIDENTIAL | $246,000 | 40 ft |
| 4151 IRVING AVE N MINNEAPOLIS MN 55412 | T MOORE & G MOORE | RESIDENTIAL | $141,400 | 80 ft |
| 4135 IRVING AVE N MINNEAPOLIS MN 55412 | CEL MONTON LLC | RESIDENTIAL | $171,100 | 80 ft |
| 4131 IRVING AVE N MINNEAPOLIS MN 55412 | CORINNE HOPE WRIGHT | RESIDENTIAL | $201,000 | 120 ft |
| 4155 IRVING AVE N MINNEAPOLIS MN 55412 | D COURTNEY & A STOCKLING | RESIDENTIAL | $385,000 | 124 ft |
| 4146 JAMES AVE N MINNEAPOLIS MN 55412 | JAMES R WAWRZYNIAK | RESIDENTIAL | $209,800 | 143 ft |
| 4150 JAMES AVE N MINNEAPOLIS MN 55412 | ERIK BOLLING & JENNY BOLLING | RESIDENTIAL | $234,000 | 144 ft |
| 4140 JAMES AVE N MINNEAPOLIS MN 55412 | TINA MICHELE KING | RESIDENTIAL | $163,700 | 159 ft |
| 4154 JAMES AVE N MINNEAPOLIS MN 55412 | N RENDON & A M NASSER | RESIDENTIAL | $220,900 | 164 ft |
Current Tax Year