Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 2023 · $14K total declared value · Most recent: Aug 2024 (misc)
Hail Experts Inc
Blue Yeti Services LLC
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,575 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3422 EMERSON AVE N MINNEAPOLIS MN 55412 | D R TAPPIN & D A TAPPIN | RESIDENTIAL | $174,000 | 40 ft |
| 3430 EMERSON AVE N MINNEAPOLIS MN 55412 | MN HOUSING IV LLC | RESIDENTIAL | $180,300 | 40 ft |
| 3418 EMERSON AVE N MINNEAPOLIS MN 55412 | CHIN KIM | RESIDENTIAL-TWO UNIT | $227,200 | 80 ft |
| 3434 EMERSON AVE N MINNEAPOLIS MN 55412 | R A P LOPEZ | RESIDENTIAL | $131,000 | 80 ft |
| 3414 EMERSON AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | RESIDENTIAL | $0 | 120 ft |
| 3438 EMERSON AVE N MINNEAPOLIS MN 55412 | RACHEL LEWIS | RESIDENTIAL | $180,500 | 120 ft |
| 3427 DUPONT AVE N MINNEAPOLIS MN 55412 | MIR S ALI | RESIDENTIAL | $153,400 | 140 ft |
| 3431 DUPONT AVE N MINNEAPOLIS MN 55412 | GALATIONS LLC | RESIDENTIAL | $167,000 | 145 ft |
| 3423 DUPONT AVE N MINNEAPOLIS MN 55412 | METRO HOMES LLC | RESIDENTIAL | $146,000 | 146 ft |
| 3435 DUPONT AVE N MINNEAPOLIS MN 55412 | METRO HOMES LLC | RESIDENTIAL | $122,000 | 160 ft |
Most Recent Sale
Current Tax Year