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.
3 permits on record since 2017 · $200 total declared value · Most recent: Sep 2021 (res)
CenterPoint Energy Resource Corp
FRANK MOTZKO PLUMBING LLC
Max Zelayaran
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 2,569 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3614 GIRARD AVE N MINNEAPOLIS MN 55412 | T A & A J CHINN | RESIDENTIAL | $211,700 | 40 ft |
| 3622 GIRARD AVE N MINNEAPOLIS MN 55412 | SPARKLE C DAVIS | RESIDENTIAL | $226,100 | 40 ft |
| 3610 GIRARD AVE N MINNEAPOLIS MN 55412 | CUMIRE V LEWIS | RESIDENTIAL | $194,100 | 80 ft |
| 3626 GIRARD AVE N MINNEAPOLIS MN 55412 | BEE VUE | RESIDENTIAL | $200,300 | 80 ft |
| 3606 GIRARD AVE N MINNEAPOLIS MN 55412 | MARIA D ROSARIO ELIGIO RUBIO | RESIDENTIAL | $185,700 | 120 ft |
| 3630 GIRARD AVE N MINNEAPOLIS MN 55412 | ALEXANDER ROSS & JULIE ROSS | RESIDENTIAL | $176,000 | 120 ft |
| 3619 FREMONT AVE N MINNEAPOLIS MN 55412 | PHOEBE HOLDINGS LLC | APARTMENT | $441,000 | 140 ft |
| 3623 FREMONT AVE N MINNEAPOLIS MN 55412 | DANLEN PROPERTIES LLC | RESIDENTIAL | $139,000 | 144 ft |
| 3615 FREMONT AVE N MINNEAPOLIS MN 55412 | KHADIJO WARSAME ET AL | RESIDENTIAL-TWO UNIT | $222,500 | 146 ft |
| 3627 FREMONT AVE N MINNEAPOLIS MN 55412 | KENNETH R KING-ADAMS | RESIDENTIAL | $186,200 | 159 ft |
Most Recent Sale
Current Tax Year