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.
6 permits on record since 2020 · Most recent: Dec 2024 (existres)
Owens Companies Inc
Warners Stellian Co Inc
Owens Companies Inc
Master Plumbing Services LLC
CenterPoint Energy Resource Corp
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
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 2,569 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3506 EMERSON AVE N MINNEAPOLIS MN 55412 | LUIS ZHINA | RESIDENTIAL | $230,300 | 40 ft |
| 3514 EMERSON AVE N MINNEAPOLIS MN 55412 | T M SCHENK & A C SCHENK | RESIDENTIAL | $129,000 | 40 ft |
| 3500 EMERSON AVE N MINNEAPOLIS MN 55412 | EMILY LYNCH | RESIDENTIAL | $196,000 | 80 ft |
| 3518 EMERSON AVE N MINNEAPOLIS MN 55412 | KEVIN CAMPBELL TOMPKINS | RESIDENTIAL | $366,000 | 80 ft |
| 3522 EMERSON AVE N MINNEAPOLIS MN 55412 | MARIE BAHR LEPAGE | RESIDENTIAL | $134,000 | 120 ft |
| 3511 DUPONT AVE N MINNEAPOLIS MN 55412 | SAMANTHA KULAS | RESIDENTIAL | $176,000 | 140 ft |
| 3515 DUPONT AVE N MINNEAPOLIS MN 55412 | G A SCHOLLMEIER/K A STRATTON | VACANT LAND-RESIDENTIAL | $0 | 144 ft |
| 3505 DUPONT AVE N MINNEAPOLIS MN 55412 | P SUKHUM & B MARLETT | RESIDENTIAL-TWO UNIT | $272,600 | 146 ft |
| 3519 DUPONT AVE N MINNEAPOLIS MN 55412 | K A STRATTON/G A SCHOLLMEIER | RESIDENTIAL | $395,000 | 160 ft |
| 3526 EMERSON AVE N MINNEAPOLIS MN 55412 | ZER CHA & KAO DERCHER HER | RESIDENTIAL | $159,000 | 160 ft |
Most Recent Sale
Current Tax Year