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.
2 permits on record since 2023 · Most recent: Nov 2024 (existres)
BWS Heating and Air Conditioning LLC
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 2,570 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3615 COLFAX AVE N MINNEAPOLIS MN 55412 | LARRY PETERSON | RESIDENTIAL | $262,800 | 40 ft |
| 3607 COLFAX AVE N MINNEAPOLIS MN 55412 | JATAN OSUJAKI | RESIDENTIAL | $139,000 | 40 ft |
| 3619 COLFAX AVE N MINNEAPOLIS MN 55412 | CAMERON JOHNSON | RESIDENTIAL-TWO UNIT | $232,300 | 80 ft |
| 3601 COLFAX AVE N MINNEAPOLIS MN 55412 | M BATISTA-MCCULLOCH ET AL | RESIDENTIAL | $237,200 | 80 ft |
| 3623 COLFAX AVE N MINNEAPOLIS MN 55412 | DEEYON PERSAUD | RESIDENTIAL | $237,100 | 120 ft |
| 3610 DUPONT AVE N MINNEAPOLIS MN 55412 | KATHRYN ROSE ARCHER | RESIDENTIAL | $170,400 | 139 ft |
| 3606 DUPONT AVE N MINNEAPOLIS MN 55412 | MICHELLE LEE JONES | RESIDENTIAL | $253,600 | 144 ft |
| 3614 DUPONT AVE N MINNEAPOLIS MN 55412 | M A STRONG & M L O'BRIEN | RESIDENTIAL | $216,600 | 146 ft |
| 3600 DUPONT AVE N MINNEAPOLIS MN 55412 | AMY G STAHEL | RESIDENTIAL | $251,400 | 159 ft |
| 3627 COLFAX AVE N MINNEAPOLIS MN 55412 | RICHARD J DRUK | RESIDENTIAL | $138,400 | 160 ft |
Most Recent Sale
Current Tax Year