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.
2 permits on record since 2018 · Most recent: Jan 2023 (res)
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.
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 3,110 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3439 ALDRICH AVE N MINNEAPOLIS MN 55412 | C JOHNSON & AARON JOHNSON | RESIDENTIAL | $279,400 | 46 ft |
| 3431 ALDRICH AVE N MINNEAPOLIS MN 55412 | GRANT CAO | RESIDENTIAL | $230,200 | 46 ft |
| 3443 ALDRICH AVE N MINNEAPOLIS MN 55412 | M KNUEPPEL & H L KNUEPPEL | RESIDENTIAL | $193,000 | 92 ft |
| 3427 ALDRICH AVE N MINNEAPOLIS MN 55412 | ADAM G PEDERSON | RESIDENTIAL | $203,100 | 92 ft |
| 3447 ALDRICH AVE N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $194,600 | 138 ft |
| 3423 ALDRICH AVE N MINNEAPOLIS MN 55412 | CHALICE TUCKER | RESIDENTIAL | $343,000 | 138 ft |
| 3434 BRYANT AVE N MINNEAPOLIS MN 55412 | O GEBREMEDHIN/T HABTEMICHAEL | RESIDENTIAL | $310,000 | 138 ft |
| 3430 BRYANT AVE N MINNEAPOLIS MN 55412 | ERIC ESTRADA POPOCA | RESIDENTIAL | $232,800 | 145 ft |
| 3438 BRYANT AVE N MINNEAPOLIS MN 55412 | JESUS FERNANDO VELASQUEZ | RESIDENTIAL | $214,400 | 146 ft |
| 3426 BRYANT AVE N MINNEAPOLIS MN 55412 | CCF3 LLC | RESIDENTIAL | $196,900 | 165 ft |
Most Recent Sale
Current Tax Year