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 2025 · Most recent: Nov 2025 (existres)
Standard Heating and Air Conditioning Inc
Dean's Professional Plumbing 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 2,599 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3942 EMERSON AVE N MINNEAPOLIS MN 55412 | J N COURTEAU & J A PRYOR | RESIDENTIAL | $93,000 | 40 ft |
| 3950 EMERSON AVE N MINNEAPOLIS MN 55412 | M HABERMAN & K HABERMAN | RESIDENTIAL | $198,600 | 40 ft |
| 3938 EMERSON AVE N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $164,500 | 80 ft |
| 3954 EMERSON AVE N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 80 ft |
| 3958 EMERSON AVE N MINNEAPOLIS MN 55412 | KAYLA J KELSEY | RESIDENTIAL | $194,000 | 119 ft |
| 3934 EMERSON AVE N MINNEAPOLIS MN 55412 | G JOHNSON & V BENETTIE | RESIDENTIAL | $135,700 | 120 ft |
| 3947 DUPONT AVE N MINNEAPOLIS MN 55412 | SAM VILAYSACK | RESIDENTIAL | $239,700 | 140 ft |
| 3951 DUPONT AVE N MINNEAPOLIS MN 55412 | MINNESTPOPOLIS VIII LLC | RESIDENTIAL | $163,100 | 145 ft |
| 3943 DUPONT AVE N MINNEAPOLIS MN 55412 | GRACIANA SANDOVAL ZAMORANO | RESIDENTIAL | $372,000 | 147 ft |
| 3953 DUPONT AVE N MINNEAPOLIS MN 55412 | TWO CITY HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $216,600 | 160 ft |
Most Recent Sale
Current Tax Year