Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 2023 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
McKinley · 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 3,135 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3330 ALDRICH AVE N MINNEAPOLIS MN 55412 | PARK STAR PROPERTIES LLC | TRIPLEX | $304,500 | 46 ft |
| 3338 ALDRICH AVE N MINNEAPOLIS MN 55412 | DELLA A BEAL | RESIDENTIAL | $208,700 | 46 ft |
| 3326 ALDRICH AVE N MINNEAPOLIS MN 55412 | MERCY LUZMILA CARCHI CARCHI | RESIDENTIAL | $183,200 | 89 ft |
| 3342 ALDRICH AVE N MINNEAPOLIS MN 55412 | CHOR THAO | RESIDENTIAL | $156,400 | 92 ft |
| 3322 ALDRICH AVE N MINNEAPOLIS MN 55412 | C V KOUDOU & S T LOFTON | RESIDENTIAL | $210,700 | 129 ft |
| 3333 LYNDALE AVE N MINNEAPOLIS MN 55412 | BONSA A TILAHUN | RESIDENTIAL-TWO UNIT | $181,300 | 137 ft |
| 3346 ALDRICH AVE N MINNEAPOLIS MN 55412 | TOU THAO & RICHARD THAO | RESIDENTIAL | $211,500 | 138 ft |
| 3339 LYNDALE AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 144 ft |
| 3329 LYNDALE AVE N MINNEAPOLIS MN 55412 | SHENG HER LEE | RESIDENTIAL | $155,000 | 145 ft |
| 3327 LYNDALE AVE N MINNEAPOLIS MN 55412 | PEDRO CORIA-RAMIREZ ET AL | RESIDENTIAL | $184,600 | 164 ft |
Most Recent Sale
Current Tax Year