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.
No permits found in Minneapolis open data for this parcel.
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 2,575 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3651 EMERSON AVE N MINNEAPOLIS MN 55412 | WILSON ALCIVAR PENA MAXI | RESIDENTIAL | $195,200 | 40 ft |
| 1201 37TH AVE N MINNEAPOLIS MN 55412 | BUBAH BARAKA PROPERTIES LLC | COMMERCIAL-PREFERRED | $781,000 | 41 ft |
| 3647 EMERSON AVE N MINNEAPOLIS MN 55412 | CITY OF LAKES COMM LAND TRST | — | $290,000 | 80 ft |
| 3643 EMERSON AVE N MINNEAPOLIS MN 55412 | MAYURA HOMES & RENTALS LLC | RESIDENTIAL | $156,000 | 120 ft |
| 3650 FREMONT AVE N MINNEAPOLIS MN 55412 | BUILDINGS PROP HOLDING LLC | COMMERCIAL-PREFERRED | $0 | 140 ft |
| 3658 FREMONT AVE N MINNEAPOLIS MN 55412 | BUILDINGS PROP HOLDING LLC | LAND-COMMERCIAL | $0 | 146 ft |
| 3646 FREMONT AVE N MINNEAPOLIS MN 55412 | BUILDINGS PROP HOLDING LLC | RESIDENTIAL | $0 | 159 ft |
| 3637 EMERSON AVE N MINNEAPOLIS MN 55412 | R HARTY & A N M HARTY | RESIDENTIAL | $367,000 | 160 ft |
| 1200 37TH AVE N MINNEAPOLIS MN 55412 | J M Y PINGUIL & M M Z YUPA | COMMERCIAL-PREFERRED | $476,000 | 161 ft |
| 3642 FREMONT AVE N MINNEAPOLIS MN 55412 | ABDULKADIR RASHID | VACANT LAND-RESIDENTIAL | $17,000 | 185 ft |
Most Recent Sale
Current Tax Year