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 2023 · Most recent: Jan 2023 (res)
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 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 2,524 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3526 ALDRICH AVE N MINNEAPOLIS MN 55412 | JOSUE ADAN AQUINO | RESIDENTIAL | $237,700 | 40 ft |
| 3534 ALDRICH AVE N MINNEAPOLIS MN 55412 | JOSE LUIS ARELLANO ZEPEDA | RESIDENTIAL | $257,900 | 40 ft |
| 3522 ALDRICH AVE N MINNEAPOLIS MN 55412 | CHARLOTTE M RASMUSSEN | RESIDENTIAL | $250,000 | 80 ft |
| 3538 ALDRICH AVE N MINNEAPOLIS MN 55412 | N R & P JOHNSON | RESIDENTIAL | $194,000 | 80 ft |
| 3518 ALDRICH AVE N MINNEAPOLIS MN 55412 | LIBIO QUINTUNA LLAPA | RESIDENTIAL | $240,500 | 120 ft |
| 3542 ALDRICH AVE N MINNEAPOLIS MN 55412 | RAYMOND WILLIAM WILLIAMS | RESIDENTIAL | $105,500 | 120 ft |
| 3531 LYNDALE AVE N MINNEAPOLIS MN 55412 | YOLANDA Y & NATHAN A OLSON | RESIDENTIAL | $204,500 | 138 ft |
| 3535 LYNDALE AVE N MINNEAPOLIS MN 55412 | KATHERINE MAE STEWART | RESIDENTIAL | $163,900 | 143 ft |
| 3527 LYNDALE AVE N MINNEAPOLIS MN 55412 | ERIC L BATES | RESIDENTIAL | $188,800 | 147 ft |
| 3537 LYNDALE AVE N MINNEAPOLIS MN 55412 | P L IMIHY & N A BEAN | RESIDENTIAL | $186,300 | 158 ft |
Most Recent Sale
Current Tax Year