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.
3 permits on record since 2024 · $24K total declared value · Most recent: Aug 2025 (misc)
Canfield Creations
FRANEK CONSTRUCTION INC
Home Energy Center 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 3,108 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3515 ALDRICH AVE N MINNEAPOLIS MN 55412 | ANDREY MADAN & ALINA MADAN | RESIDENTIAL | $256,000 | 46 ft |
| 3507 ALDRICH AVE N MINNEAPOLIS MN 55412 | DEANNA DELOACH | RESIDENTIAL | $398,000 | 46 ft |
| 3501 ALDRICH AVE N MINNEAPOLIS MN 55412 | JORDAN RICHMAN & ROSE ARNOLD | RESIDENTIAL | $252,300 | 91 ft |
| 3519 ALDRICH AVE N MINNEAPOLIS MN 55412 | JODIE NOVAK | RESIDENTIAL | $208,300 | 92 ft |
| 3523 ALDRICH AVE N MINNEAPOLIS MN 55412 | WILLIAM BRENHOFER | RESIDENTIAL | $247,800 | 138 ft |
| 3510 BRYANT AVE N MINNEAPOLIS MN 55412 | MANUEL M AGUDO PESANTEZ | RESIDENTIAL | $302,700 | 138 ft |
| 3506 BRYANT AVE N MINNEAPOLIS MN 55412 | BOBBY L FLOYD | RESIDENTIAL | $205,300 | 145 ft |
| 3514 BRYANT AVE N MINNEAPOLIS MN 55412 | WNGS HOLDINGS LLC | RESIDENTIAL | $166,500 | 146 ft |
| 3500 BRYANT AVE N MINNEAPOLIS MN 55412 | CITY LAKES COMMUNITY LAND TR | — | $192,000 | 165 ft |
| 3518 BRYANT AVE N MINNEAPOLIS MN 55412 | SAMUEL ISHAM-SCHOPF | RESIDENTIAL-TWO UNIT | $314,700 | 167 ft |
Most Recent Sale
Current Tax Year