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.
1 permit on record since 2013 · $30K total declared value · Most recent: Jan 2013 (building re-inspection)
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
Lot dimensions are insufficient for the standard setbacks shown.
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 2,312 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3607 EMERSON AVE N MINNEAPOLIS MN 55412 | DANLEN PROPERTIES LLC | RESIDENTIAL | $172,000 | 40 ft |
| 3611 EMERSON AVE N MINNEAPOLIS MN 55412 | MARVIN A SHOLD ET AL | RESIDENTIAL | $364,000 | 80 ft |
| 3559 EMERSON AVE N MINNEAPOLIS MN 55412 | JOSEFINA PROPERTIES LLC | RESIDENTIAL | $185,800 | 101 ft |
| 1211 36TH AVE N MINNEAPOLIS MN 55412 | JOHN VARPNESS | RESIDENTIAL-TWO UNIT | $229,300 | 106 ft |
| 3615 EMERSON AVE N MINNEAPOLIS MN 55412 | IZMARI E HERNANDEZ RAMIREZ | RESIDENTIAL | $138,600 | 120 ft |
| 3555 EMERSON AVE N MINNEAPOLIS MN 55412 | VANESSA TIEMAN | RESIDENTIAL | $168,700 | 136 ft |
| 3600 FREMONT AVE N MINNEAPOLIS MN 55412 | PHOEBE HOLDINGS LLC | APARTMENT | $1,211,000 | 146 ft |
| 3619 EMERSON AVE N MINNEAPOLIS MN 55412 | CHARLES M PETERSON | RESIDENTIAL | $193,600 | 160 ft |
| 3551 EMERSON AVE N MINNEAPOLIS MN 55412 | B M WILLIAMS & T WILLIAMS | RESIDENTIAL | $226,800 | 177 ft |
| 3556 FREMONT AVE N MINNEAPOLIS MN 55412 | DANIEL J PERFETTI SUBJ/L E | COMMERCIAL-PREFERRED | $204,000 | 182 ft |
Most Recent Sale
Current Tax Year