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.
6 permits on record since 2017 · $41K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
SELA ROOFING AND REMODELING INC
SELA ROOFING AND REMODELING INC
CenterPoint Energy Resource Corp
Urban Pine Plumbing and Mechanical Inc
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 4,745 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3726 COLFAX AVE N MINNEAPOLIS MN 55412 | JOHN YANG | RESIDENTIAL | $232,400 | 59 ft |
| 3738 COLFAX AVE N MINNEAPOLIS MN 55412 | OSCAR MONTERROSA | RESIDENTIAL | $220,300 | 65 ft |
| 3742 COLFAX AVE N MINNEAPOLIS MN 55412 | 3742 COLFAX AVENUE NORTH LLC | RESIDENTIAL | $135,000 | 105 ft |
| 3720 COLFAX AVE N MINNEAPOLIS MN 55412 | MANUEL BUNAY GONZALEZ | RESIDENTIAL | $233,100 | 116 ft |
| 3733 BRYANT AVE N MINNEAPOLIS MN 55412 | CHOU YANG | RESIDENTIAL | $233,300 | 133 ft |
| 3746 COLFAX AVE N MINNEAPOLIS MN 55412 | LINDA L MITCHELL | RESIDENTIAL | $180,600 | 145 ft |
| 3727 BRYANT AVE N MINNEAPOLIS MN 55412 | C ESTERS & B ESTERS | RESIDENTIAL | $221,000 | 146 ft |
| 3739 BRYANT AVE N MINNEAPOLIS MN 55412 | CHUE LEE | RESIDENTIAL | $250,700 | 147 ft |
| 3743 BRYANT AVE N MINNEAPOLIS MN 55412 | CCF2 MN LLC | RESIDENTIAL | $90,000 | 170 ft |
| 3714 COLFAX AVE N MINNEAPOLIS MN 55412 | KER VANG | RESIDENTIAL | $278,800 | 173 ft |
Most Recent Sale
Current Tax Year