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 2017 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
Linn Star Transfer 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 1 — low-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 sfr / adu benchmarks for 2,862 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3247 ALDRICH AVE N MINNEAPOLIS MN 55412 | MATHEW XIONG | RESIDENTIAL-TWO UNIT | $237,900 | 46 ft |
| 3243 ALDRICH AVE N MINNEAPOLIS MN 55412 | YENG YANG/OUISIENG YANG | RESIDENTIAL | $304,000 | 92 ft |
| 3301 ALDRICH AVE N MINNEAPOLIS MN 55412 | JENNIFER M THOMAS | RESIDENTIAL | $128,700 | 106 ft |
| 3239 ALDRICH AVE N MINNEAPOLIS MN 55412 | OPPORTUNITY ZONE FUND INC | RESIDENTIAL | $304,000 | 138 ft |
| 3250 BRYANT AVE N MINNEAPOLIS MN 55412 | FRANK KATZOVITZ TRUSTEE | RESIDENTIAL | $188,400 | 138 ft |
| 3246 BRYANT AVE N MINNEAPOLIS MN 55412 | CODY FOSTER & SHELLY FOSTER | RESIDENTIAL | $181,700 | 145 ft |
| 3307 ALDRICH AVE N MINNEAPOLIS MN 55412 | CLARENCE FLOWERS | RESIDENTIAL | $315,000 | 152 ft |
| 3242 BRYANT AVE N MINNEAPOLIS MN 55412 | NEXUS DIRECT IRA LLC | RESIDENTIAL | $186,900 | 165 ft |
| 3300 BRYANT AVE N MINNEAPOLIS MN 55412 | RAYMOND GUESSFORD/TOINI WIKA | RESIDENTIAL | $240,700 | 176 ft |
| 3235 ALDRICH AVE N MINNEAPOLIS MN 55412 | M BEAUCHAINE & J BEAUCHAINE | RESIDENTIAL-TWO UNIT | $242,300 | 184 ft |
Most Recent Sale
Current Tax Year