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.
4 permits on record since 2019 · $2K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
Owens Companies Inc
Regency Plumbing Inc
CUSTOM REMODELERS LLC
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 2,574 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3630 COLFAX AVE N MINNEAPOLIS MN 55412 | KARRI RIEDEL | RESIDENTIAL | $230,400 | 40 ft |
| 3638 COLFAX AVE N MINNEAPOLIS MN 55412 | MANUEL I ALVARADO ROBLES | RESIDENTIAL | $147,800 | 40 ft |
| 3626 COLFAX AVE N MINNEAPOLIS MN 55412 | OLA MAE JACKSON | RESIDENTIAL | $219,500 | 80 ft |
| 3642 COLFAX AVE N MINNEAPOLIS MN 55412 | ALFONSO J VELAZQUEZ ET AL | RESIDENTIAL | $193,200 | 80 ft |
| 3622 COLFAX AVE N MINNEAPOLIS MN 55412 | VIRGINIA DILLON | RESIDENTIAL | $122,000 | 120 ft |
| 3646 COLFAX AVE N MINNEAPOLIS MN 55412 | F PORTE & C MURPHY | RESIDENTIAL | $237,700 | 120 ft |
| 3635 BRYANT AVE N MINNEAPOLIS MN 55412 | LAVELLE TAYLOR | RESIDENTIAL | $185,300 | 139 ft |
| 3639 BRYANT AVE N MINNEAPOLIS MN 55412 | MICHAEL CORNWELL | RESIDENTIAL | $167,000 | 144 ft |
| 3629 BRYANT AVE N MINNEAPOLIS MN 55412 | ANA LUCIA VICUNA CASTRO | RESIDENTIAL | $150,000 | 149 ft |
| 3643 BRYANT AVE N MINNEAPOLIS MN 55412 | LARNELL EDWARDS | RESIDENTIAL | $208,000 | 160 ft |
Most Recent Sale
Current Tax Year