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.
6 permits on record since 2018 · $25K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Lizett Toledo
Standard Heating and Air Conditioning Inc
MN Plumbing & Home Services INC
Piperight Plumbing 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 3 — medium-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 2,534 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3431 LYNDALE AVE N MINNEAPOLIS MN 55412 | ELIZABETH A KOMMERS | RESIDENTIAL | $151,500 | 40 ft |
| 3423 LYNDALE AVE N MINNEAPOLIS MN 55412 | QWEEBA HESTER | RESIDENTIAL | $156,500 | 40 ft |
| 3435 LYNDALE AVE N MINNEAPOLIS MN 55412 | JULIE PIWOSCHUK-KOSMAS | RESIDENTIAL | $174,800 | 80 ft |
| 3419 LYNDALE AVE N MINNEAPOLIS MN 55412 | J HUDNELL ET AL SUBJ L/E | RESIDENTIAL | $174,100 | 80 ft |
| 3439 LYNDALE AVE N MINNEAPOLIS MN 55412 | FLORY GONZALEZ | RESIDENTIAL | $175,000 | 120 ft |
| 3415 LYNDALE AVE N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 120 ft |
| 3426 ALDRICH AVE N MINNEAPOLIS MN 55412 | IRELAND HOMES SF V LLC | RESIDENTIAL | $187,100 | 138 ft |
| 3422 ALDRICH AVE N MINNEAPOLIS MN 55412 | BAKHT Z MOLEAZAY | RESIDENTIAL | $189,200 | 143 ft |
| 3430 ALDRICH AVE N MINNEAPOLIS MN 55412 | JOHNEEN LUELLEN-HOGAN | RESIDENTIAL | $169,000 | 144 ft |
| 3418 ALDRICH AVE N MINNEAPOLIS MN 55412 | SOUA THAO | RESIDENTIAL | $388,000 | 159 ft |
Most Recent Sale
Current Tax Year