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.
3 permits on record since 2017 · $6K total declared value · Most recent: May 2024 (remodel)
DBS RESIDENTIAL SOLUTIONS INC
Urban Pine Plumbing and Mechanical Inc
GV Heating and Air 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 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 2,546 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3826 ALDRICH AVE N MINNEAPOLIS MN 55412 | MICHAEL OKER | RESIDENTIAL | $186,200 | 40 ft |
| 3834 ALDRICH AVE N MINNEAPOLIS MN 55412 | ANNE L MACLENNAN | RESIDENTIAL | $293,100 | 40 ft |
| 3822 ALDRICH AVE N MINNEAPOLIS MN 55412 | S J LOHMAN & J M LOHMAN | RESIDENTIAL | $221,700 | 80 ft |
| 3838 ALDRICH AVE N MINNEAPOLIS MN 55412 | NOR LOR | RESIDENTIAL | $225,500 | 80 ft |
| 3818 ALDRICH AVE N MINNEAPOLIS MN 55412 | MELISSA N MICKELSON | RESIDENTIAL | $228,000 | 120 ft |
| 3842 ALDRICH AVE N MINNEAPOLIS MN 55412 | R LANDSEM & E HAINSWORTH | RESIDENTIAL | $218,200 | 120 ft |
| 3835 LYNDALE AVE N MINNEAPOLIS MN 55412 | GENE & LYNNE BOMGARDNER | RESIDENTIAL | $189,900 | 141 ft |
| 3827 LYNDALE AVE N MINNEAPOLIS MN 55412 | CHRISTINA E MORALES | RESIDENTIAL | $317,900 | 142 ft |
| 3814 ALDRICH AVE N MINNEAPOLIS MN 55412 | NIKOLAY N KOZAK | RESIDENTIAL | $198,600 | 160 ft |
| 3823 LYNDALE AVE N MINNEAPOLIS MN 55412 | MDC 2000 INVESTMENTS INC | RESIDENTIAL-TWO UNIT | $235,900 | 161 ft |
Most Recent Sale
Current Tax Year