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.
2 permits on record since 2020 · $3K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
THE ROOF GUYS
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 3,131 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3334 ALDRICH AVE N MINNEAPOLIS MN 55412 | DAVID B BENDICKSON | RESIDENTIAL | $196,100 | 46 ft |
| 3342 ALDRICH AVE N MINNEAPOLIS MN 55412 | CHOR THAO | RESIDENTIAL | $156,400 | 46 ft |
| 3330 ALDRICH AVE N MINNEAPOLIS MN 55412 | PARK STAR PROPERTIES LLC | TRIPLEX | $304,500 | 92 ft |
| 3346 ALDRICH AVE N MINNEAPOLIS MN 55412 | TOU THAO & RICHARD THAO | RESIDENTIAL | $211,500 | 92 ft |
| 3326 ALDRICH AVE N MINNEAPOLIS MN 55412 | MERCY LUZMILA CARCHI CARCHI | RESIDENTIAL | $183,200 | 135 ft |
| 3339 LYNDALE AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 137 ft |
| 3350 ALDRICH AVE N MINNEAPOLIS MN 55412 | MATTHEW ZBIEGIEN | RESIDENTIAL | $188,000 | 138 ft |
| 3343 LYNDALE AVE N MINNEAPOLIS MN 55412 | JONI L JACOBSON | RESIDENTIAL-TWO UNIT | $270,600 | 144 ft |
| 3333 LYNDALE AVE N MINNEAPOLIS MN 55412 | BONSA A TILAHUN | RESIDENTIAL-TWO UNIT | $181,300 | 145 ft |
| 3347 LYNDALE AVE N MINNEAPOLIS MN 55412 | SHELLY MILLER/ANDREW JACKSON | RESIDENTIAL | $257,700 | 164 ft |
Most Recent Sale
Current Tax Year