Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
1 permit on record since 2024 · Most recent: Nov 2024 (res)
CenterPoint Energy Resource Corp
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 2,614 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 | 40 ft |
| 3847 EMERSON AVE N MINNEAPOLIS MN 55412 | ANTHONY REAL ESTAT HOLDG LLC | RESIDENTIAL-TWO UNIT | $253,600 | 40 ft |
| 3859 EMERSON AVE N MINNEAPOLIS MN 55412 | MISTI NELSON | RESIDENTIAL | $175,000 | 79 ft |
| 3843 EMERSON AVE N MINNEAPOLIS MN 55412 | EDGAR E MENCHACA DIAZ | RESIDENTIAL | $211,800 | 80 ft |
| 3839 EMERSON AVE N MINNEAPOLIS MN 55412 | RICHARD J KNIGHT | RESIDENTIAL | $255,700 | 120 ft |
| 3850 FREMONT AVE N MINNEAPOLIS MN 55412 | TAI HON LLC | RESIDENTIAL | $193,800 | 139 ft |
| 3846 FREMONT AVE N MINNEAPOLIS MN 55412 | KAO VANG | RESIDENTIAL | $175,900 | 144 ft |
| 3854 FREMONT AVE N MINNEAPOLIS MN 55412 | LOB PROPERTIES LLC | RESIDENTIAL | $156,200 | 145 ft |
| 3842 FREMONT AVE N MINNEAPOLIS MN 55412 | JACKSON MERTES | RESIDENTIAL | $143,300 | 159 ft |
| 3835 EMERSON AVE N MINNEAPOLIS MN 55412 | SEAN A WACHTER | RESIDENTIAL | $171,000 | 160 ft |
Most Recent Sale
Current Tax Year