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 2023 · $16K total declared value · Most recent: Apr 2026 (misc)
HIGH CALIBER CONSTRUCTION LLC
HIGH CALIBER CONSTRUCTION LLC
Metro Heating & Cooling 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 2,573 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3623 ALDRICH AVE N MINNEAPOLIS MN 55412 | MERARI HERMITA | RESIDENTIAL | $248,900 | 40 ft |
| 3615 ALDRICH AVE N MINNEAPOLIS MN 55412 | PAUL B. & KITTY F. BREKKE | RESIDENTIAL | $116,500 | 40 ft |
| 3627 ALDRICH AVE N MINNEAPOLIS MN 55412 | AMY HAGEN | RESIDENTIAL | $216,800 | 80 ft |
| 3611 ALDRICH AVE N MINNEAPOLIS MN 55412 | J & M HOMES LLC | RESIDENTIAL | $171,100 | 80 ft |
| 3631 ALDRICH AVE N MINNEAPOLIS MN 55412 | DENNIS FLASCH | RESIDENTIAL | $153,000 | 120 ft |
| 3607 ALDRICH AVE N MINNEAPOLIS MN 55412 | WHITLEY B ENGEL DOKKEN | RESIDENTIAL | $202,800 | 120 ft |
| 3618 BRYANT AVE N MINNEAPOLIS MN 55412 | ANDY TRAN | RESIDENTIAL | $150,400 | 139 ft |
| 3614 BRYANT AVE N MINNEAPOLIS MN 55412 | J HERNANDEZ & L A SECUNDINO | RESIDENTIAL | $184,600 | 144 ft |
| 3622 BRYANT AVE N MINNEAPOLIS MN 55412 | NATHANIEL S DEBOER | RESIDENTIAL-TWO UNIT | $283,600 | 146 ft |
| 3635 ALDRICH AVE N MINNEAPOLIS MN 55412 | E R AYALA & G V ROSENDO | RESIDENTIAL | $220,800 | 160 ft |
Most Recent Sale
Current Tax Year