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 2017 · Most recent: Dec 2017 (res)
Linn Star Transfer Inc
Airic's Heating & Air Conditioning 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 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 |
|---|---|---|---|---|
| 3535 6TH ST N MINNEAPOLIS MN 55412 | MPLS NEIGHBRHD LAND BANK LLC | RESIDENTIAL | $202,400 | 40 ft |
| 3527 6TH ST N MINNEAPOLIS MN 55412 | PRADEEP KHAKURAL | RESIDENTIAL | $214,100 | 40 ft |
| 3539 6TH ST N MINNEAPOLIS MN 55412 | GERCORA RUCKER | RESIDENTIAL | $223,700 | 80 ft |
| 3523 6TH ST N MINNEAPOLIS MN 55412 | LAWRENCE MCNEILL | RESIDENTIAL | $187,400 | 80 ft |
| 3543 6TH ST N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND I LLC | RESIDENTIAL | $244,700 | 120 ft |
| 3519 6TH ST N MINNEAPOLIS MN 55412 | OIG HOLDINGS LLC | RESIDENTIAL | $235,800 | 120 ft |
| 3547 6TH ST N MINNEAPOLIS MN 55412 | NICOLLET PROPERTIES LLC | RESIDENTIAL | $143,400 | 160 ft |
| 3515 6TH ST N MINNEAPOLIS MN 55412 | F A P NOCHEZ & D M RUIZ | RESIDENTIAL | $232,700 | 160 ft |
| 3530 LYNDALE AVE N MINNEAPOLIS MN 55412 | COURTNEY HUNTER & AMY HUNTER | RESIDENTIAL | $282,000 | 170 ft |
| 3526 LYNDALE AVE N MINNEAPOLIS MN 55412 | CATHERINE S RAMOLA | RESIDENTIAL | $121,800 | 175 ft |
Most Recent Sale
Current Tax Year