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.
3 permits on record since 2023 · $22K total declared value · Most recent: Aug 2025 (misc)
Hail Experts Inc
Hail Experts Inc
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 3,083 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3231 DUPONT AVE N MINNEAPOLIS MN 55412 | YIA VANG | RESIDENTIAL | $137,200 | 45 ft |
| 3223 DUPONT AVE N MINNEAPOLIS MN 55412 | CITY OF LAKES COMM LAND TRST | — | $183,000 | 45 ft |
| 3219 DUPONT AVE N MINNEAPOLIS MN 55412 | WILLIAM HENRY | RESIDENTIAL | $141,300 | 88 ft |
| 3235 DUPONT AVE N MINNEAPOLIS MN 55412 | SEAN GARRETT | RESIDENTIAL | $170,000 | 90 ft |
| 3215 DUPONT AVE N MINNEAPOLIS MN 55412 | OLIVIA FAITH DORNQUAST | RESIDENTIAL | $234,000 | 133 ft |
| 3239 DUPONT AVE N MINNEAPOLIS MN 55412 | TESORO HOMES INC | RESIDENTIAL | $232,100 | 135 ft |
| 3226 EMERSON AVE N MINNEAPOLIS MN 55412 | OSCAR CECENA | RESIDENTIAL | $173,600 | 139 ft |
| 3222 EMERSON AVE N MINNEAPOLIS MN 55412 | HENRY G CALLE NAULA | RESIDENTIAL | $205,000 | 146 ft |
| 3230 EMERSON AVE N MINNEAPOLIS MN 55412 | I COVARRUBIAS/C COBARRUBIAS | RESIDENTIAL | $188,400 | 147 ft |
| 3218 EMERSON AVE N MINNEAPOLIS MN 55412 | MIR ALI | RESIDENTIAL-TWO UNIT | $81,000 | 164 ft |
Current Tax Year