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.
1 permit on record since 2023 · $4K total declared value · Most recent: Oct 2023 (existres)
MESPO HEATING AND COOLING 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 1 — low-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 sfr / adu benchmarks for 2,575 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1101 37TH AVE N MINNEAPOLIS MN 55412 | JAMES T MICHAELSON JR | RESIDENTIAL-TWO UNIT | $267,200 | 40 ft |
| 3651 DUPONT AVE N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 40 ft |
| 3647 DUPONT AVE N MINNEAPOLIS MN 55412 | H & R KANE SR | RESIDENTIAL | $171,900 | 80 ft |
| 3643 DUPONT AVE N MINNEAPOLIS MN 55412 | NATHAN H HEDTKE TRUST AGR | RESIDENTIAL | $186,000 | 120 ft |
| 3656 EMERSON AVE N MINNEAPOLIS MN 55412 | THAI VANG | RESIDENTIAL | $341,000 | 140 ft |
| 3701 DUPONT AVE N MINNEAPOLIS MN 55412 | ROSELAWN INVESTMENT INC | VACANT LAND-RESIDENTIAL | $16,000 | 141 ft |
| 3650 EMERSON AVE N MINNEAPOLIS MN 55412 | DANIEL T ANSELMENT | RESIDENTIAL | $184,300 | 145 ft |
| 3658 EMERSON AVE N MINNEAPOLIS MN 55412 | A ESPELAND & A BRUCE | RESIDENTIAL | $322,000 | 146 ft |
| 3639 DUPONT AVE N MINNEAPOLIS MN 55412 | GARRET BURNS & ANNA BURNS | RESIDENTIAL | $189,100 | 160 ft |
| 3646 EMERSON AVE N MINNEAPOLIS MN 55412 | GAIL GLIRBAS | RESIDENTIAL | $164,000 | 160 ft |
Most Recent Sale
Current Tax Year