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.
4 permits on record since 2021 · $30K total declared value · Most recent: Jul 2022 (res)
MN Plumbing & Home Services INC
PMR Mechanical, Inc.
DEN-MARK PLUMBING INC
Molina General Contractors 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 2,397 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 614 34TH AVE N MINNEAPOLIS MN 55412 | TRAC CAO & MYDUNG CONG | RESIDENTIAL | $140,900 | 38 ft |
| 606 34TH AVE N MINNEAPOLIS MN 55412 | THOMAS TRACY | RESIDENTIAL | $86,000 | 40 ft |
| 600 34TH AVE N MINNEAPOLIS MN 55412 | BRIAN J BZDOK TRUST | RESIDENTIAL | $135,300 | 80 ft |
| 3415 6TH ST N MINNEAPOLIS MN 55412 | B & P DAHLEN | RESIDENTIAL | $200,200 | 83 ft |
| 616 34TH AVE N MINNEAPOLIS MN 55412 | WA TONG XIONG & CHIA LO VANG | RESIDENTIAL | $188,000 | 93 ft |
| 3419 6TH ST N MINNEAPOLIS MN 55412 | LOIS COCHRANE SCHLUTTER | RESIDENTIAL | $272,000 | 122 ft |
| 620 34TH AVE N MINNEAPOLIS MN 55412 | WORTHWILDE VENTURES LLC | RESIDENTIAL | $130,500 | 149 ft |
| 3349 6TH ST N MINNEAPOLIS MN 55412 | KAO DERCHER HER & ZER CHA | RESIDENTIAL | $193,600 | 155 ft |
| 3423 6TH ST N MINNEAPOLIS MN 55412 | 3423 N 6TH ST LLC | RESIDENTIAL | $138,000 | 161 ft |
| 3414 LYNDALE AVE N MINNEAPOLIS MN 55412 | STEVEN PENNEY | RESIDENTIAL-TWO UNIT | $328,500 | 169 ft |
Most Recent Sale
Current Tax Year