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 2023 · Most recent: Feb 2023 (existres)
CENTERPOINT ENERGY
CenterPoint Energy Resource Corp
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 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 3,095 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3243 DUPONT AVE N MINNEAPOLIS MN 55412 | EDWARD EGGERS | RESIDENTIAL | $117,000 | 44 ft |
| 3235 DUPONT AVE N MINNEAPOLIS MN 55412 | SEAN GARRETT | RESIDENTIAL | $170,000 | 45 ft |
| 3231 DUPONT AVE N MINNEAPOLIS MN 55412 | YIA VANG | RESIDENTIAL | $137,200 | 90 ft |
| 1109 33RD AVE N MINNEAPOLIS MN 55412 | ESTHER AGHADIUNO | RESIDENTIAL | $375,000 | 117 ft |
| 3251 DUPONT AVE N MINNEAPOLIS MN 55412 | KA YENG VANG & XEE HER VANG | RESIDENTIAL | $174,300 | 121 ft |
| 3227 DUPONT AVE N MINNEAPOLIS MN 55412 | AUDREY ELAINE TOTH | RESIDENTIAL | $198,800 | 135 ft |
| 3238 EMERSON AVE N MINNEAPOLIS MN 55412 | DANMARK PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $230,100 | 140 ft |
| 3234 EMERSON AVE N MINNEAPOLIS MN 55412 | KIRCHOFF GROUP LLC | RESIDENTIAL | $185,800 | 146 ft |
| 3242 EMERSON AVE N MINNEAPOLIS MN 55412 | BO N YANG | RESIDENTIAL | $174,900 | 148 ft |
| 1115 33RD AVE N MINNEAPOLIS MN 55412 | EVEREST HOLDINGS LLC | LOW INCOME RENTAL | $179,600 | 155 ft |
Most Recent Sale
Current Tax Year