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.
7 permits on record since 2019 · $43K total declared value · Most recent: Aug 2025 (existres)
NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING
NMC EXTERIORS AND REMODELING
Northern's Benjamin Franklin Plumbing
NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING
All Climate Mechanical LLC
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 2,578 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3714 GIRARD AVE N MINNEAPOLIS MN 55412 | CHRISTOPHER STALLEY | RESIDENTIAL | $211,000 | 40 ft |
| 3722 GIRARD AVE N MINNEAPOLIS MN 55412 | TESORO REALTY GROUP 2 LLC | RESIDENTIAL | $122,000 | 40 ft |
| 3710 GIRARD AVE N MINNEAPOLIS MN 55412 | CALVIN COBB | RESIDENTIAL | $190,000 | 80 ft |
| 3726 GIRARD AVE N MINNEAPOLIS MN 55412 | ABILENE M OLSON | RESIDENTIAL | $196,200 | 80 ft |
| 3706 GIRARD AVE N MINNEAPOLIS MN 55412 | ISRAEL HERNANDEZ GARCIA | RESIDENTIAL | $127,000 | 120 ft |
| 3730 GIRARD AVE N MINNEAPOLIS MN 55412 | SHARON DIANNE HUNTER-DARRING | RESIDENTIAL | $179,300 | 120 ft |
| 3719 FREMONT AVE N MINNEAPOLIS MN 55412 | SHARON M MATTSON | RESIDENTIAL | $112,000 | 140 ft |
| 3723 FREMONT AVE N MINNEAPOLIS MN 55412 | JOSHUA ROBERT WIESNER | RESIDENTIAL | $81,000 | 144 ft |
| 3715 FREMONT AVE N MINNEAPOLIS MN 55412 | REINVENTION REAL EST GRP LLC | LOW INCOME RENTAL | $145,600 | 146 ft |
| 3725 FREMONT AVE N MINNEAPOLIS MN 55412 | AKYRA KENNEDY | RESIDENTIAL-TWO UNIT | $286,100 | 160 ft |
Most Recent Sale
Current Tax Year