Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 8,988 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3614 FREMONT AVE N MINNEAPOLIS MN 55412 | CCF3, LLC | RESIDENTIAL | $163,200 | 80 ft |
| 3616 FREMONT AVE N MINNEAPOLIS MN 55412 | BLANCA L JARA | RESIDENTIAL-TWO UNIT | $271,800 | 120 ft |
| 3607 EMERSON AVE N MINNEAPOLIS MN 55412 | DANLEN PROPERTIES LLC | RESIDENTIAL | $172,000 | 140 ft |
| 3611 EMERSON AVE N MINNEAPOLIS MN 55412 | MARVIN A SHOLD ET AL | RESIDENTIAL | $364,000 | 144 ft |
| 3601 EMERSON AVE N MINNEAPOLIS MN 55412 | D W MYERS & AMY E MYERS | RESIDENTIAL | $288,100 | 146 ft |
| 3615 EMERSON AVE N MINNEAPOLIS MN 55412 | IZMARI E HERNANDEZ RAMIREZ | RESIDENTIAL | $138,600 | 159 ft |
| 3556 FREMONT AVE N MINNEAPOLIS MN 55412 | DANIEL J PERFETTI SUBJ/L E | COMMERCIAL-PREFERRED | $204,000 | 159 ft |
| 3620 FREMONT AVE N MINNEAPOLIS MN 55412 | A R DAVIS & J M JOHNSON | RESIDENTIAL | $142,800 | 161 ft |
| 1211 36TH AVE N MINNEAPOLIS MN 55412 | JOHN VARPNESS | RESIDENTIAL-TWO UNIT | $229,300 | 171 ft |
| 3619 EMERSON AVE N MINNEAPOLIS MN 55412 | CHARLES M PETERSON | RESIDENTIAL | $193,600 | 182 ft |
Most Recent Sale
Current Tax Year