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.
2 permits on record since 2017 · $16K total declared value · Most recent: Jan 2026 (misc)
RENEWAL BY ANDERSEN CORP
TWIN CITY HEATING AND AIR LLC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 small multifamily (2–4 units, wood frame) benchmarks for 1,380 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3245 FREMONT AVE N MINNEAPOLIS MN 55412 | NICOLAS MENDEZ VELAZQUEZ | RESIDENTIAL | $220,900 | 54 ft |
| 1311 33RD AVE N MINNEAPOLIS MN 55412 | BLAIR JORDON MOSES | RESIDENTIAL | $155,000 | 64 ft |
| 3243 FREMONT AVE N MINNEAPOLIS MN 55412 | LARISSA Y NICOLAS GALLARDO | RESIDENTIAL | $245,600 | 96 ft |
| 3301 FREMONT AVE N MINNEAPOLIS MN 55412 | FRONK REAL ESTATE LLC | RESIDENTIAL | $300,500 | 115 ft |
| 3239 FREMONT AVE N MINNEAPOLIS MN 55412 | JESSICA ISABEL QUAST | RESIDENTIAL | $259,000 | 141 ft |
| 3305 FREMONT AVE N MINNEAPOLIS MN 55412 | SHELLIE AMELSBERG | RESIDENTIAL-TWO UNIT | $230,700 | 162 ft |
| 3252 GIRARD AVE N MINNEAPOLIS MN 55412 | MARIA A HERNANDEZ | RESIDENTIAL | $182,000 | 164 ft |
| 3246 GIRARD AVE N MINNEAPOLIS MN 55412 | ROBERT M ANDERSON TRUSTEE | RESIDENTIAL | $139,000 | 170 ft |
| 3235 FREMONT AVE N MINNEAPOLIS MN 55412 | ANGELA N WILSON | RESIDENTIAL | $201,600 | 185 ft |
| 3242 GIRARD AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | RESIDENTIAL | $0 | 187 ft |
Most Recent Sale
Current Tax Year