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.
2 permits on record since 2019 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
ANDERSON'S RESIDENTIAL HEATING AND A / C 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 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 2,547 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3838 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | LEKEIAH J WARREN-KING | RESIDENTIAL | $290,500 | 40 ft |
| 3846 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | TATYANA DUNAGAN | RESIDENTIAL | $191,100 | 40 ft |
| 3834 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | SHAUNTA B LYNCH | RESIDENTIAL | $203,600 | 80 ft |
| 3850 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | S BENDICKSON & D SPINK | RESIDENTIAL | $147,200 | 80 ft |
| 3830 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | MONET AUGUSTON | RESIDENTIAL | $186,000 | 120 ft |
| 1419 39TH AVE N MINNEAPOLIS MN 55412 | HALEY SHEGSTAD | RESIDENTIAL | $111,000 | 138 ft |
| 3847 GIRARD AVE N MINNEAPOLIS MN 55412 | VANESA MARLENE RAMOS TOBAY | RESIDENTIAL | $229,100 | 142 ft |
| 3837 GIRARD AVE N MINNEAPOLIS MN 55412 | ANDREW DORNBUSH | RESIDENTIAL-TWO UNIT | $337,000 | 142 ft |
| 3858 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | TERESA HOLLAND | RESIDENTIAL | $230,100 | 142 ft |
| 1415 39TH AVE N MINNEAPOLIS MN 55412 | HALEY SHEGSTAD | VACANT LAND-RESIDENTIAL | $5,000 | 144 ft |
Most Recent Sale
Current Tax Year