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 2024 · Most recent: Dec 2024 (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 2,637 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3951 ALDRICH AVE N MINNEAPOLIS MN 55412 | STEPHANIE YANG | RESIDENTIAL | $256,600 | 40 ft |
| 3939 ALDRICH AVE N MINNEAPOLIS MN 55412 | BRENDA Y HOLT | RESIDENTIAL | $277,500 | 60 ft |
| 3955 ALDRICH AVE N MINNEAPOLIS MN 55412 | A J ARGO & A L ARGO | RESIDENTIAL | $235,000 | 80 ft |
| 3959 ALDRICH AVE N MINNEAPOLIS MN 55412 | CHRISTINE E BILLINGS | RESIDENTIAL | $210,300 | 117 ft |
| 3935 ALDRICH AVE N MINNEAPOLIS MN 55412 | BRENDA YVONNE HOLT | RESIDENTIAL | $131,400 | 120 ft |
| 3946 BRYANT AVE N MINNEAPOLIS MN 55412 | JEAN CANAMAR | RESIDENTIAL | $148,800 | 140 ft |
| 3942 BRYANT AVE N MINNEAPOLIS MN 55412 | RAUL CEDILLO GARCIA | RESIDENTIAL | $207,000 | 145 ft |
| 3950 BRYANT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 147 ft |
| 3931 ALDRICH AVE N MINNEAPOLIS MN 55412 | C ESPINOZA & G ESPINOZA | RESIDENTIAL | $194,900 | 160 ft |
| 3938 BRYANT AVE N MINNEAPOLIS MN 55412 | CORTNEY LASHAWN MOORE | RESIDENTIAL | $181,000 | 160 ft |
Most Recent Sale
Current Tax Year