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.
12 permits on record since 2017 · $40K total declared value · Most recent: Jan 2026 (res)
Lake State Plumbing LLC
Lake State Plumbing LLC
PB Services LLC
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
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 3,506 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3547 6TH ST N MINNEAPOLIS MN 55412 | NICOLLET PROPERTIES LLC | RESIDENTIAL | $143,400 | 40 ft |
| 3539 6TH ST N MINNEAPOLIS MN 55412 | GERCORA RUCKER | RESIDENTIAL | $223,700 | 40 ft |
| 3535 6TH ST N MINNEAPOLIS MN 55412 | MPLS NEIGHBRHD LAND BANK LLC | RESIDENTIAL | $202,400 | 80 ft |
| 611 36TH AVE N MINNEAPOLIS MN 55412 | ABEBE LEMLEM | RESIDENTIAL | $130,000 | 119 ft |
| 3531 6TH ST N MINNEAPOLIS MN 55412 | MELISSA HELMBRECHT | RESIDENTIAL | $215,500 | 120 ft |
| 601 36TH AVE N MINNEAPOLIS MN 55412 | CARL J ABRAMS | RESIDENTIAL | $202,600 | 123 ft |
| 615 36TH AVE N MINNEAPOLIS MN 55412 | PAUL HASTINGS | RESIDENTIAL | $133,700 | 131 ft |
| 3527 6TH ST N MINNEAPOLIS MN 55412 | PRADEEP KHAKURAL | RESIDENTIAL | $214,100 | 160 ft |
| 3542 LYNDALE AVE N MINNEAPOLIS MN 55412 | WHITNEY V BROWN | RESIDENTIAL | $306,000 | 170 ft |
| 3538 LYNDALE AVE N MINNEAPOLIS MN 55412 | JAMES SWARTWOOD | RESIDENTIAL | $148,900 | 175 ft |
Most Recent Sale
Current Tax Year