Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
3 permits on record since 2024 · Most recent: Mar 2025 (res)
O'Boys Heating & Air LLC
O'Boys Heating & Air LLC
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 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 2,554 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3922 ALDRICH AVE N MINNEAPOLIS MN 55412 | MELEA BARDAL | RESIDENTIAL | $131,000 | 40 ft |
| 3930 ALDRICH AVE N MINNEAPOLIS MN 55412 | JAVON BARNES | RESIDENTIAL-TWO UNIT | $258,200 | 40 ft |
| 3918 ALDRICH AVE N MINNEAPOLIS MN 55412 | ANNIE LOUISE LAMPKIN | RESIDENTIAL | $190,900 | 80 ft |
| 3934 ALDRICH AVE N MINNEAPOLIS MN 55412 | STEPHEN TIMOTHY CROSS | RESIDENTIAL | $211,600 | 80 ft |
| 3914 ALDRICH AVE N MINNEAPOLIS MN 55412 | SEAN E NAUHEIMER | RESIDENTIAL | $119,000 | 120 ft |
| 3938 ALDRICH AVE N MINNEAPOLIS MN 55412 | BEATRIZ CARRILLO HERRERA | RESIDENTIAL | $250,000 | 120 ft |
| 3931 LYNDALE AVE N MINNEAPOLIS MN 55412 | DAYSI QUINTUNA LLAPA | APARTMENT | $326,000 | 140 ft |
| 3921 LYNDALE AVE N MINNEAPOLIS MN 55412 | 3921 LYNDALE LLC | RESIDENTIAL-TWO UNIT | $343,600 | 145 ft |
| 3935 LYNDALE AVE N MINNEAPOLIS MN 55412 | PHILIP REYERSON | RESIDENTIAL | $231,900 | 159 ft |
| 3942 ALDRICH AVE N MINNEAPOLIS MN 55412 | MIESSA G GEMEDA | RESIDENTIAL | $208,000 | 160 ft |
Most Recent Sale
Current Tax Year