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 2022 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
CHAMPION PLUMBING 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,181 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3855 EMERSON AVE N MINNEAPOLIS MN 55412 | ANTHONY A BROWN JR | RESIDENTIAL-TWO UNIT | $294,100 | 39 ft |
| 3851 EMERSON AVE N MINNEAPOLIS MN 55412 | J DAVIS & S D DAVIS | RESIDENTIAL-TWO UNIT | $275,500 | 79 ft |
| 3901 EMERSON AVE N MINNEAPOLIS MN 55412 | DEREK BAER | RESIDENTIAL | $200,300 | 104 ft |
| 3847 EMERSON AVE N MINNEAPOLIS MN 55412 | ANTHONY REAL ESTAT HOLDG LLC | RESIDENTIAL-TWO UNIT | $253,600 | 119 ft |
| 3858 FREMONT AVE N MINNEAPOLIS MN 55412 | RAFAEL ALAMEDA | RESIDENTIAL | $259,000 | 139 ft |
| 3905 EMERSON AVE N MINNEAPOLIS MN 55412 | HELEN M KRAFT | RESIDENTIAL | $152,000 | 143 ft |
| 3854 FREMONT AVE N MINNEAPOLIS MN 55412 | LOB PROPERTIES LLC | RESIDENTIAL | $156,200 | 144 ft |
| 3843 EMERSON AVE N MINNEAPOLIS MN 55412 | EDGAR E MENCHACA DIAZ | RESIDENTIAL | $211,800 | 159 ft |
| 3850 FREMONT AVE N MINNEAPOLIS MN 55412 | TAI HON LLC | RESIDENTIAL | $193,800 | 159 ft |
| 3900 FREMONT AVE N MINNEAPOLIS MN 55412 | MIKE YANG | RESIDENTIAL | $243,400 | 176 ft |
Most Recent Sale
Current Tax Year