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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 · $20K total declared value · Most recent: Jun 2023 (commercial minor)
Armstrong Plumbing LLC
LARKINS CONSTRUCTION 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 4,303 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3750 GIRARD AVE N MINNEAPOLIS MN 55412 | IANS S CANFIELD | RESIDENTIAL | $152,000 | 59 ft |
| 3746 GIRARD AVE N MINNEAPOLIS MN 55412 | ANGELICA LEE & AJAI DATT | RESIDENTIAL | $273,100 | 99 ft |
| 3742 GIRARD AVE N MINNEAPOLIS MN 55412 | LOU ANN WRIGHT | RESIDENTIAL | $136,000 | 139 ft |
| 3759 FREMONT AVE N MINNEAPOLIS MN 55412 | ASSERTIVE MPLS-CRE PROPS LLC | LAND-COMMERCIAL | $19,200 | 141 ft |
| 3755 FREMONT AVE N MINNEAPOLIS MN 55412 | NOMI CRE-FREEMONT PROP LLC | RESIDENTIAL | $162,000 | 141 ft |
| 3751 FREMONT AVE N MINNEAPOLIS MN 55412 | BONNI J MCCONNELL | RESIDENTIAL-TWO UNIT | $255,500 | 153 ft |
| 3800 GIRARD AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 155 ft |
| 3747 FREMONT AVE N MINNEAPOLIS MN 55412 | LAURENCE GRIFFIN | RESIDENTIAL | $211,600 | 173 ft |
| 3738 GIRARD AVE N MINNEAPOLIS MN 55412 | E RUNDQUIST/J CONROY | RESIDENTIAL | $192,900 | 179 ft |
| 3753 GIRARD AVE N MINNEAPOLIS MN 55412 | EVEREST HOLDINGS LLC | APARTMENT | $2,024,000 | 193 ft |
Most Recent Sale
Current Tax Year