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 2017 · Most recent: Jan 2017 (res)
Noah Acquistions LLC
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,242 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3839 LYNDALE AVE N MINNEAPOLIS MN 55412 | IDIL ABDI & IFTIN ABDI | RESIDENTIAL | $264,700 | 60 ft |
| 3827 LYNDALE AVE N MINNEAPOLIS MN 55412 | CHRISTINA E MORALES | RESIDENTIAL | $317,900 | 60 ft |
| 3823 LYNDALE AVE N MINNEAPOLIS MN 55412 | MDC 2000 INVESTMENTS INC | RESIDENTIAL-TWO UNIT | $235,900 | 110 ft |
| 3845 LYNDALE AVE N MINNEAPOLIS MN 55412 | SE LEE & MICHAEL VANG | RESIDENTIAL | $244,000 | 120 ft |
| 3834 ALDRICH AVE N MINNEAPOLIS MN 55412 | ANNE L MACLENNAN | RESIDENTIAL | $293,100 | 139 ft |
| 3830 ALDRICH AVE N MINNEAPOLIS MN 55412 | MAUREEN KEEGAN | RESIDENTIAL | $257,800 | 141 ft |
| 3838 ALDRICH AVE N MINNEAPOLIS MN 55412 | NOR LOR | RESIDENTIAL | $225,500 | 148 ft |
| 3819 LYNDALE AVE N MINNEAPOLIS MN 55412 | LATONYA JACKSON | RESIDENTIAL-TWO UNIT | $324,400 | 150 ft |
| 3826 ALDRICH AVE N MINNEAPOLIS MN 55412 | MICHAEL OKER | RESIDENTIAL | $186,200 | 154 ft |
| 3842 ALDRICH AVE N MINNEAPOLIS MN 55412 | R LANDSEM & E HAINSWORTH | RESIDENTIAL | $218,200 | 166 ft |
Most Recent Sale
Current Tax Year