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.
3 permits on record since 2019 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Patton Heating And Air Conditioning Inc
CenterPoint Energy Resource Corp
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
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 3,510 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3446 4TH ST N MINNEAPOLIS MN 55412 | ALVIN AKIBAR | RESIDENTIAL | $167,000 | 40 ft |
| 3454 4TH ST N MINNEAPOLIS MN 55412 | FONDA S & GENERAL J JOHNSON | RESIDENTIAL | $202,000 | 58 ft |
| 3442 4TH ST N MINNEAPOLIS MN 55412 | SAID OMAR HASAN | RESIDENTIAL | $314,000 | 80 ft |
| 3438 4TH ST N MINNEAPOLIS MN 55412 | A TADESSE & T BERGA | RESIDENTIAL | $377,000 | 120 ft |
| 3434 4TH ST N MINNEAPOLIS MN 55412 | ABDUL WAKO & ZAHRA MOLU | RESIDENTIAL | $304,000 | 160 ft |
| 3500 4TH ST N MINNEAPOLIS MN 55412 | SHOUA XIONG | RESIDENTIAL | $11,000 | 176 ft |
| 3430 4TH ST N MINNEAPOLIS MN 55412 | M E BAILEY & L L BAILEY | RESIDENTIAL | $164,000 | 200 ft |
| 3506 4TH ST N MINNEAPOLIS MN 55412 | IANN CHAI CHANG | RESIDENTIAL | $211,000 | 216 ft |
| 3451 4TH ST N MINNEAPOLIS MN 55412 | SCOTT D GANZER | RESIDENTIAL | $202,800 | 222 ft |
| 3455 4TH ST N MINNEAPOLIS MN 55412 | M D L C MONTOYA/A HERNANDEZ | RESIDENTIAL | $248,900 | 226 ft |
Most Recent Sale
Current Tax Year