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 the Lowry Avenue North Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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.
5 permits on record since 2018 · $16K total declared value · Most recent: Sep 2022 (remodel)
IRON CREEK BUILDERS LLC
B and B Plumbing Inc
Moshe Vorotinov
Moshe Vorotinov
AIR EXPRESS INC
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 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,611 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3247 LYNDALE AVE N MINNEAPOLIS MN 55412 | MARIA BALBOA | VACANT LAND-RESIDENTIAL | $12,000 | 46 ft |
| 3243 LYNDALE AVE N MINNEAPOLIS MN 55412 | BRENT J ADAMS TRUST | RESIDENTIAL-TWO UNIT | $239,400 | 92 ft |
| 3301 LYNDALE AVE N MINNEAPOLIS MN 55412 | HOWARD GANGESTAD | RESIDENTIAL | $131,000 | 106 ft |
| 3250 ALDRICH AVE N MINNEAPOLIS MN 55412 | J M Y PINQUIL/M C PALCHIZACA | RESIDENTIAL-TWO UNIT | $412,700 | 137 ft |
| 3239 LYNDALE AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 138 ft |
| 3246 ALDRICH AVE N MINNEAPOLIS MN 55412 | BRUCE A CHRISTENSEN | RESIDENTIAL | $184,300 | 144 ft |
| 3305 LYNDALE AVE N MINNEAPOLIS MN 55412 | JUDITH G JOHNSON | RESIDENTIAL | $274,800 | 152 ft |
| 3242 ALDRICH AVE N MINNEAPOLIS MN 55412 | WILLIAM BOLTON | RESIDENTIAL | $261,000 | 165 ft |
| 3300 ALDRICH AVE N MINNEAPOLIS MN 55412 | ANTONIA HAUSER | RESIDENTIAL | $255,000 | 175 ft |
| 3250 LYNDALE AVE N MINNEAPOLIS MN 55412 | LAO THAO & NHIA VANG | RESIDENTIAL | $318,000 | 183 ft |
Most Recent Sale
Current Tax Year