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 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
McKinley · 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 2,579 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3711 ALDRICH AVE N MINNEAPOLIS MN 55412 | PAMELA M WOIAK | RESIDENTIAL | $185,900 | 40 ft |
| 3701 ALDRICH AVE N MINNEAPOLIS MN 55412 | MISSION INN MINNESOTA INC | RESIDENTIAL | $272,000 | 40 ft |
| 3715 ALDRICH AVE N MINNEAPOLIS MN 55412 | CHRISTOPHER H THOMPSON | RESIDENTIAL | $223,000 | 80 ft |
| 3719 ALDRICH AVE N MINNEAPOLIS MN 55412 | EVELYN TOYRA DOYLE | RESIDENTIAL | $198,700 | 120 ft |
| 3700 BRYANT AVE N MINNEAPOLIS MN 55412 | KWANZAA COMM CHURCH PCUSA | COMMERCIAL-PREFERRED | $0 | 140 ft |
| 3659 ALDRICH AVE N MINNEAPOLIS MN 55412 | MICHAEL BARNES | RESIDENTIAL | $300,500 | 140 ft |
| 3723 ALDRICH AVE N MINNEAPOLIS MN 55412 | J L MERCADO & T W LAMBERT | RESIDENTIAL | $177,700 | 160 ft |
| 3714 BRYANT AVE N MINNEAPOLIS MN 55412 | RAMON VILLANUEVA | RESIDENTIAL | $289,000 | 162 ft |
| 3655 ALDRICH AVE N MINNEAPOLIS MN 55412 | ANGEL L SIBRI LLAPA | RESIDENTIAL | $265,000 | 181 ft |
| 3706 ALDRICH AVE N MINNEAPOLIS MN 55412 | THOMAS G KELLER | RESIDENTIAL | $148,100 | 185 ft |
Most Recent Sale
Current Tax Year