Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 2007 · $160K total declared value · Most recent: Sep 2019 (res)
Warners Stellian Co 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
Residential Mixed-Use 1 — low-density mixed 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 2,599 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3915 FREMONT AVE N MINNEAPOLIS MN 55412 | ADMASU T AYELE & T G TESSEMA | RESIDENTIAL | $210,000 | 40 ft |
| 3901 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 59 ft |
| 3919 FREMONT AVE N MINNEAPOLIS MN 55412 | BRITTANY J SCHUELER | RESIDENTIAL | $148,200 | 80 ft |
| 3923 FREMONT AVE N MINNEAPOLIS MN 55412 | DONNA KAY WEILER | RESIDENTIAL | $181,900 | 120 ft |
| 3910 GIRARD AVE N MINNEAPOLIS MN 55412 | H NGUYEN-SORIANO & L SORIANO | RESIDENTIAL | $397,000 | 140 ft |
| 3906 GIRARD AVE N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $198,200 | 145 ft |
| 3914 GIRARD AVE N MINNEAPOLIS MN 55412 | S D HULTZ & E B SCHLICKER | RESIDENTIAL | $218,900 | 147 ft |
| 3927 FREMONT AVE N MINNEAPOLIS MN 55412 | ANGELA ZEMBAL & ERIK NIELSEN | RESIDENTIAL | $197,300 | 160 ft |
| 3900 GIRARD AVE N MINNEAPOLIS MN 55412 | MARINA ANGELINE FISHER | RESIDENTIAL | $222,700 | 161 ft |
| 3918 GIRARD AVE N MINNEAPOLIS MN 55412 | CHAD S FERNANDEZ | RESIDENTIAL | $202,800 | 163 ft |
Most Recent Sale
Current Tax Year