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.
4 permits on record since 2020 · $31K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
4Front Energy Solutions Inc
Serda Remodeling LLC
HOFFMAN WEBER CONSTRUCTION INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Neighborhood data unavailable for this parcel.
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 2,642 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3963 COLFAX AVE N MINNEAPOLIS MN 55412 | PHENG LEE | RESIDENTIAL | $377,000 | 39 ft |
| 3951 COLFAX AVE N MINNEAPOLIS MN 55412 | JOEY G ELLINGTON | RESIDENTIAL | $191,700 | 40 ft |
| 3947 COLFAX AVE N MINNEAPOLIS MN 55412 | JOHN MATTHEW SAXE | RESIDENTIAL | $187,900 | 80 ft |
| 3943 COLFAX AVE N MINNEAPOLIS MN 55412 | RONALD C MATSON | RESIDENTIAL | $188,100 | 120 ft |
| 3954 DUPONT AVE N MINNEAPOLIS MN 55412 | NENG VANG & KA M YANG | RESIDENTIAL | $185,000 | 140 ft |
| 3950 DUPONT AVE N MINNEAPOLIS MN 55412 | ERIKA WOODS | RESIDENTIAL | $199,500 | 145 ft |
| 3958 DUPONT AVE N MINNEAPOLIS MN 55412 | TARA BREWER | RESIDENTIAL | $183,500 | 146 ft |
| 4001 COLFAX AVE N MINNEAPOLIS MN 55412 | TOMMY VALERIO | RESIDENTIAL | $375,000 | 148 ft |
| 3946 DUPONT AVE N MINNEAPOLIS MN 55412 | KINZZY M MARTIN | RESIDENTIAL | $274,100 | 160 ft |
| 3939 COLFAX AVE N MINNEAPOLIS MN 55412 | STELLA THOMAS | RESIDENTIAL | $203,000 | 160 ft |
Most Recent Sale
Current Tax Year