ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 2021 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
GV Heating and Air Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Folwell · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1009
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 2,582 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3743 EMERSON AVE N MINNEAPOLIS MN 55412 | CHARLES WEIZENEGGER | RESIDENTIAL | $155,900 | 40 ft |
| 3753 EMERSON AVE N MINNEAPOLIS MN 55412 | JOHN REUTER | RESIDENTIAL | $156,800 | 45 ft |
| 3741 EMERSON AVE N MINNEAPOLIS MN 55412 | A INGEMANSEN & G INGEMANSEN | RESIDENTIAL | $219,400 | 80 ft |
| 3759 EMERSON AVE N MINNEAPOLIS MN 55412 | THAURTHA & MELODY S CARTER | RESIDENTIAL | $158,400 | 95 ft |
| 3737 EMERSON AVE N MINNEAPOLIS MN 55412 | JANE E REVELS | RESIDENTIAL | $171,000 | 124 ft |
| 3750 FREMONT AVE N MINNEAPOLIS MN 55412 | AMERICAN VALUE INVESTMTS LLC | RESIDENTIAL-TWO UNIT | $224,700 | 140 ft |
| 3742 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 150 ft |
| 3756 FREMONT AVE N MINNEAPOLIS MN 55412 | BRIAN L HANSON | RESIDENTIAL | $155,600 | 154 ft |
| 3738 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 169 ft |
| 3731 EMERSON AVE N MINNEAPOLIS MN 55412 | KELLY D IJANG | RESIDENTIAL | $223,900 | 174 ft |
Current Tax Year