Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 2025 · Most recent: Nov 2025 (existres)
Hoffman Refrigeration and Heating Ltd
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 |
|---|---|---|---|---|
| 3635 ALDRICH AVE N MINNEAPOLIS MN 55412 | E R AYALA & G V ROSENDO | RESIDENTIAL | $220,800 | 40 ft |
| 3627 ALDRICH AVE N MINNEAPOLIS MN 55412 | AMY HAGEN | RESIDENTIAL | $216,800 | 40 ft |
| 3639 ALDRICH AVE N MINNEAPOLIS MN 55412 | ROSALINDA ORTIZ FLORES | RESIDENTIAL | $255,600 | 80 ft |
| 3623 ALDRICH AVE N MINNEAPOLIS MN 55412 | MERARI HERMITA | RESIDENTIAL | $248,900 | 80 ft |
| 3643 ALDRICH AVE N MINNEAPOLIS MN 55412 | MICHAEL L HUNTER | RESIDENTIAL | $204,900 | 120 ft |
| 3619 ALDRICH AVE N MINNEAPOLIS MN 55412 | CCF2 MN LLC | RESIDENTIAL | $160,500 | 120 ft |
| 3630 BRYANT AVE N MINNEAPOLIS MN 55412 | NICHOLAS CAPITAL INC | RESIDENTIAL | $114,700 | 139 ft |
| 3626 BRYANT AVE N MINNEAPOLIS MN 55412 | JUDY WILLIAMS/RAPHAEL JONES | RESIDENTIAL | $216,000 | 144 ft |
| 3634 BRYANT AVE N MINNEAPOLIS MN 55412 | MINNESTPOPOLIS II LLC | RESIDENTIAL | $104,000 | 146 ft |
| 3622 BRYANT AVE N MINNEAPOLIS MN 55412 | NATHANIEL S DEBOER | RESIDENTIAL-TWO UNIT | $283,600 | 159 ft |
Current Tax Year