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.
2 permits on record since 2018 · $16K total declared value · Most recent: Mar 2020 (misc)
RITE-WAY WATERPROOFING
NEW VIEW REMODELING 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 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 3,030 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3347 DUPONT AVE N MINNEAPOLIS MN 55412 | MINNESTPOPOLIS III LLC | RESIDENTIAL | $199,200 | 45 ft |
| 3339 DUPONT AVE N MINNEAPOLIS MN 55412 | KEITH D MALMER | RESIDENTIAL | $145,000 | 45 ft |
| 3335 DUPONT AVE N MINNEAPOLIS MN 55412 | M MANZO & A NEWKIRK | RESIDENTIAL | $272,000 | 89 ft |
| 3351 DUPONT AVE N MINNEAPOLIS MN 55412 | ERICA WALLACE | RESIDENTIAL | $265,900 | 90 ft |
| 3331 DUPONT AVE N MINNEAPOLIS MN 55412 | D L GRIFFIN & L R WASHINGTON | RESIDENTIAL | $185,600 | 134 ft |
| 3342 EMERSON AVE N MINNEAPOLIS MN 55412 | KEVIN A JONES | RESIDENTIAL | $187,000 | 139 ft |
| 3338 EMERSON AVE N MINNEAPOLIS MN 55412 | S J MATLOCK & D O MATLOCK | RESIDENTIAL | $202,000 | 146 ft |
| 3346 EMERSON AVE N MINNEAPOLIS MN 55412 | O'BRIAN REVOCABLE LIVING TR | RESIDENTIAL | $172,000 | 147 ft |
| 3334 EMERSON AVE N MINNEAPOLIS MN 55412 | TIMOTHY J JONES | RESIDENTIAL | $159,000 | 165 ft |
| 3348 EMERSON AVE N MINNEAPOLIS MN 55412 | MADISON AVE HOMES LLC | LOW INCOME RENTAL | $158,000 | 166 ft |
Most Recent Sale
Current Tax Year