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 2021 · Most recent: Jul 2021 (existres)
AMERICAN AIR SUPPLY INC
Elias Plumbing 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
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 3,072 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3235 FREMONT AVE N MINNEAPOLIS MN 55412 | ANGELA N WILSON | RESIDENTIAL | $201,600 | 45 ft |
| 3227 FREMONT AVE N MINNEAPOLIS MN 55412 | CHRISTINA JOHN | RESIDENTIAL | $140,400 | 45 ft |
| 3239 FREMONT AVE N MINNEAPOLIS MN 55412 | JESSICA ISABEL QUAST | RESIDENTIAL | $259,000 | 90 ft |
| 3223 FREMONT AVE N MINNEAPOLIS MN 55412 | ASSERTIVE MPLS PROPS LLC | RESIDENTIAL-TWO UNIT | $195,000 | 90 ft |
| 3219 FREMONT AVE N MINNEAPOLIS MN 55412 | LUIS M MOCTEZUMA AGUILAR | RESIDENTIAL-TWO UNIT | $290,300 | 135 ft |
| 3243 FREMONT AVE N MINNEAPOLIS MN 55412 | LARISSA Y NICOLAS GALLARDO | RESIDENTIAL | $245,600 | 136 ft |
| 3230 GIRARD AVE N MINNEAPOLIS MN 55412 | LUIS ERNESTO LAZO MERCHAN | RESIDENTIAL | $180,000 | 139 ft |
| 3226 GIRARD AVE N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $236,700 | 145 ft |
| 3234 GIRARD AVE N MINNEAPOLIS MN 55412 | CITY/LAKES COMMUNITY LAND TR | — | $191,000 | 147 ft |
| 3222 GIRARD AVE N MINNEAPOLIS MN 55412 | BRENDA L MCBETH-DOLLY | RESIDENTIAL | $159,000 | 164 ft |
Most Recent Sale
Current Tax Year