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.
2 permits on record since 2023 · Most recent: Oct 2023 (existres)
NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING
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 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 2,320 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3407 EMERSON AVE N MINNEAPOLIS MN 55412 | ZCW PROPERTIES LLC | RESIDENTIAL | $198,200 | 40 ft |
| 3411 EMERSON AVE N MINNEAPOLIS MN 55412 | JSW PROPERTIES LLC | RESIDENTIAL | $144,000 | 80 ft |
| 3351 EMERSON AVE N MINNEAPOLIS MN 55412 | NORA WHELAN | RESIDENTIAL | $237,700 | 113 ft |
| 3415 EMERSON AVE N MINNEAPOLIS MN 55412 | DIANA RIVERA MACARIO | RESIDENTIAL | $225,500 | 120 ft |
| 3400 FREMONT AVE N MINNEAPOLIS MN 55412 | C H ROBINSON & V D ROBINSON | RESIDENTIAL | $167,000 | 140 ft |
| 3404 FREMONT AVE N MINNEAPOLIS MN 55412 | W BURNETT & J L WHITTAKER | RESIDENTIAL | $286,000 | 146 ft |
| 3347 EMERSON AVE N MINNEAPOLIS MN 55412 | EMILY MORRISON | RESIDENTIAL-TWO UNIT | $250,100 | 158 ft |
| 3419 EMERSON AVE N MINNEAPOLIS MN 55412 | ASHRAF LLC | RESIDENTIAL | $147,000 | 160 ft |
| 3410 FREMONT AVE N MINNEAPOLIS MN 55412 | MOHAMAD ALAMEH | RESIDENTIAL | $131,000 | 162 ft |
| 3348 FREMONT AVE N MINNEAPOLIS MN 55412 | M DORSEY & M DORSEY | RESIDENTIAL-TWO UNIT | $142,600 | 178 ft |
Current Tax Year