Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
1 permit on record since 2007 · $80K total declared value · Most recent: Jul 2007 (building re-inspection)
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
Residential Mixed-Use 1 — low-density mixed 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 3-story wood frame (5–12 units) benchmarks for 3,038 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3347 FREMONT AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 45 ft |
| 3339 FREMONT AVE N MINNEAPOLIS MN 55412 | FRONK REAL ESTATE LLC | RESIDENTIAL | $158,000 | 45 ft |
| 3351 FREMONT AVE N MINNEAPOLIS MN 55412 | KA XIONG | RESIDENTIAL | $322,000 | 90 ft |
| 3333 FREMONT AVE N MINNEAPOLIS MN 55412 | BAZILLA E BOHN | RESIDENTIAL | $117,000 | 90 ft |
| 3331 FREMONT AVE N MINNEAPOLIS MN 55412 | LINDEN WAYNE ELLENBAUM | RESIDENTIAL | $87,000 | 134 ft |
| 3342 GIRARD AVE N MINNEAPOLIS MN 55412 | J D PALMA/T D J GENIS CUATE | RESIDENTIAL | $244,100 | 139 ft |
| 3338 GIRARD AVE N MINNEAPOLIS MN 55412 | CATHERINE L MCCANN | RESIDENTIAL | $178,000 | 146 ft |
| 3346 GIRARD AVE N MINNEAPOLIS MN 55412 | MARK JEANS & MELANIE JEANS | RESIDENTIAL | $243,000 | 146 ft |
| 3334 GIRARD AVE N MINNEAPOLIS MN 55412 | PHENG HER | RESIDENTIAL | $204,000 | 164 ft |
| 3350 GIRARD AVE N MINNEAPOLIS MN 55412 | S L KRISTOF & N KRISTOF | RESIDENTIAL | $203,000 | 166 ft |
Most Recent Sale
Current Tax Year