ParcelLens
Property Intelligence · Twin Cities
Loading property data…
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 2024 · $12K total declared value · Most recent: Dec 2025 (existres)
Ray N Welter Heating Co
CenterPoint Energy Resource Corp
JFK EXTERIORS 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 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 2,598 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3947 EMERSON AVE N MINNEAPOLIS MN 55412 | B D RETZLAFF & L A RETZLAFF | RESIDENTIAL-TWO UNIT | $227,100 | 40 ft |
| 3939 EMERSON AVE N MINNEAPOLIS MN 55412 | MATTHEW A MARKA | RESIDENTIAL | $167,000 | 40 ft |
| 3951 EMERSON AVE N MINNEAPOLIS MN 55412 | BRETT P FRAYSETH | RESIDENTIAL | $179,000 | 80 ft |
| 3935 EMERSON AVE N MINNEAPOLIS MN 55412 | G T OLSON & K E VIDMAR | RESIDENTIAL | $186,100 | 80 ft |
| 3955 EMERSON AVE N MINNEAPOLIS MN 55412 | KARA R NOBLE | RESIDENTIAL | $366,000 | 120 ft |
| 3931 EMERSON AVE N MINNEAPOLIS MN 55412 | SEAN KINSELLA | RESIDENTIAL | $204,100 | 120 ft |
| 3942 FREMONT AVE N MINNEAPOLIS MN 55412 | KYLE HART | RESIDENTIAL | $260,000 | 140 ft |
| 3938 FREMONT AVE N MINNEAPOLIS MN 55412 | ARLENE V PRIMUS | RESIDENTIAL | $224,400 | 145 ft |
| 3946 FREMONT AVE N MINNEAPOLIS MN 55412 | JSW PROPERTIES LLC | RESIDENTIAL | $235,400 | 146 ft |
| 3959 EMERSON AVE N MINNEAPOLIS MN 55412 | ALLYSON MARIE INDVIK | RESIDENTIAL | $176,700 | 159 ft |
Most Recent Sale
Current Tax Year