Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 2017 · $18K total declared value · Most recent: Nov 2024 (misc)
Paris Roofing LLC
STANDARD WATER CONTROL SYSTEMS INC
GREENE CONSTRUCTION INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Folwell · 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
Residential Mixed-Use 1 — low-density mixed 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 2,583 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3531 FREMONT AVE N MINNEAPOLIS MN 55412 | J M & S J BRUCHERT | RESIDENTIAL | $164,700 | 40 ft |
| 3523 FREMONT AVE N MINNEAPOLIS MN 55412 | P N ELLIS & J L ELLIS | RESIDENTIAL | $251,000 | 40 ft |
| 3535 FREMONT AVE N MINNEAPOLIS MN 55412 | SEAN CASEY | RESIDENTIAL | $164,900 | 80 ft |
| 3519 FREMONT AVE N MINNEAPOLIS MN 55412 | SAMIRRA DEMRY | RESIDENTIAL | $151,200 | 80 ft |
| 3539 FREMONT AVE N MINNEAPOLIS MN 55412 | OMAR JAIME PEREZ GALVAN | RESIDENTIAL | $317,000 | 120 ft |
| 3515 FREMONT AVE N MINNEAPOLIS MN 55412 | MARCHELLE M NORDINE | RESIDENTIAL | $235,600 | 120 ft |
| 3526 GIRARD AVE N MINNEAPOLIS MN 55412 | CITY OF LAKES COM LAND TRUST | — | $267,000 | 138 ft |
| 3522 GIRARD AVE N MINNEAPOLIS MN 55412 | CAROLINA HERNANDEZ | RESIDENTIAL | $117,000 | 143 ft |
| 3530 GIRARD AVE N MINNEAPOLIS MN 55412 | M SANDSTROM & G RICHARDS | RESIDENTIAL | $177,000 | 144 ft |
| 3543 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 159 ft |
Most Recent Sale
Current Tax Year