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.
No permits found in Minneapolis open data for this parcel.
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
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 3,113 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3242 COLFAX AVE N MINNEAPOLIS MN 55412 | LATOYA NEAL | RESIDENTIAL | $239,300 | 46 ft |
| 3250 COLFAX AVE N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND II LLC | RESIDENTIAL | $193,000 | 46 ft |
| 3238 COLFAX AVE N MINNEAPOLIS MN 55412 | ROLLAND S RAY | RESIDENTIAL | $179,300 | 95 ft |
| 3247 BRYANT AVE N MINNEAPOLIS MN 55412 | YOUSSEF BAKHICH | RESIDENTIAL | $126,000 | 138 ft |
| 3234 COLFAX AVE N MINNEAPOLIS MN 55412 | VANESSA ESAW | RESIDENTIAL-TWO UNIT | $263,300 | 141 ft |
| 3251 BRYANT AVE N MINNEAPOLIS MN 55412 | EVON L LUEKEN REVOCABLE TR | RESIDENTIAL | $256,000 | 145 ft |
| 3243 BRYANT AVE N MINNEAPOLIS MN 55412 | CARLOS E CORNEJO PALACIOS | RESIDENTIAL | $273,000 | 146 ft |
| 3300 COLFAX AVE N MINNEAPOLIS MN 55412 | TAMMY JONES | RESIDENTIAL | $146,000 | 152 ft |
| 3239 BRYANT AVE N MINNEAPOLIS MN 55412 | MARJOE K MANUEL | RESIDENTIAL | $216,000 | 167 ft |
| 3230 COLFAX AVE N MINNEAPOLIS MN 55412 | DIANE MARIE LONG | RESIDENTIAL | $289,000 | 184 ft |
Most Recent Sale
Current Tax Year