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.
4 permits on record since 2018 · $6K total declared value · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
Jacquelin Cary
STANDARD WATER CONTROL SYSTEMS INC
Cheryl A Mayotte
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 2,549 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1417 40TH AVE N MINNEAPOLIS MN 55412 | BAKHT ZARI MOLEAZAY ET AL | RESIDENTIAL | $195,000 | 39 ft |
| 3950 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | NICOLE L PEDERSON | RESIDENTIAL | $215,600 | 40 ft |
| 3946 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | HEATHER WICKLANDER | RESIDENTIAL | $211,800 | 90 ft |
| 3955 GIRARD AVE N MINNEAPOLIS MN 55412 | GALATIONS LLC | RESIDENTIAL | $164,000 | 139 ft |
| 3959 GIRARD AVE N MINNEAPOLIS MN 55412 | GINA RALSTON | RESIDENTIAL | $139,000 | 143 ft |
| 4000 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | E A KEGAN & B M KEGAN | RESIDENTIAL | $257,300 | 149 ft |
| 3951 GIRARD AVE N MINNEAPOLIS MN 55412 | LARA WEST & JESSJE WEST | RESIDENTIAL | $275,000 | 149 ft |
| 3938 HUMBOLDT AVE N MINNEAPOLIS MN 55412 | S TYLER & K TYLER | RESIDENTIAL | $207,000 | 150 ft |
| 3943 GIRARD AVE N MINNEAPOLIS MN 55412 | RFC FIELDS LLC | RESIDENTIAL | $209,900 | 179 ft |
| 4001 GIRARD AVE N MINNEAPOLIS MN 55412 | SALLIE ANN ZETTERVALL | RESIDENTIAL | $135,600 | 189 ft |
Most Recent Sale
Current Tax Year