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.
3 permits on record since 2017 · $3K total declared value · Most recent: Apr 2022 (misc)
Elevate Exteriors & Remodeling Inc
Rightmark LLC
Flare Heating & Air Conditioning, 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
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,341 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3507 EMERSON AVE N MINNEAPOLIS MN 55412 | VANESSA J MCKENDALL | RESIDENTIAL | $242,300 | 45 ft |
| 3511 EMERSON AVE N MINNEAPOLIS MN 55412 | CYNTHIA R HEISERMAN | RESIDENTIAL | $223,500 | 95 ft |
| 3459 EMERSON AVE N MINNEAPOLIS MN 55412 | MARIA ARGUETA | RESIDENTIAL | $156,000 | 98 ft |
| 3455 EMERSON AVE N MINNEAPOLIS MN 55412 | MICHAEL L TAYLOR | RESIDENTIAL | $197,000 | 136 ft |
| 3502 FREMONT AVE N MINNEAPOLIS MN 55412 | TESSA M SCHWANZ | RESIDENTIAL | $132,000 | 140 ft |
| 3506 FREMONT AVE N MINNEAPOLIS MN 55412 | OPPORTUITY ZONE FUND INC | RESIDENTIAL | $110,500 | 147 ft |
| 3519 EMERSON AVE N MINNEAPOLIS MN 55412 | BETSY HELMEKE | RESIDENTIAL | $205,200 | 150 ft |
| 3510 FREMONT AVE N MINNEAPOLIS MN 55412 | FRONK REAL ESTATE LLC | RESIDENTIAL | $155,900 | 163 ft |
| 3451 EMERSON AVE N MINNEAPOLIS MN 55412 | EVANS LAROCHE | RESIDENTIAL | $304,000 | 177 ft |
| 3452 FREMONT AVE N MINNEAPOLIS MN 55412 | COMFORT MAKERS MECHANICAL | COMMERCIAL-PREFERRED | $385,000 | 182 ft |
Most Recent Sale
Current Tax Year