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 2023 · $7K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Craftsman's Choice
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 3,509 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3455 4TH ST N MINNEAPOLIS MN 55412 | M D L C MONTOYA/A HERNANDEZ | RESIDENTIAL | $248,900 | 40 ft |
| 3447 4TH ST N MINNEAPOLIS MN 55412 | LENNIE GRIFFIN | RESIDENTIAL | $212,800 | 40 ft |
| 3459 4TH ST N MINNEAPOLIS MN 55412 | MARTIN & JENNIFER LEE | RESIDENTIAL | $257,000 | 78 ft |
| 3443 4TH ST N MINNEAPOLIS MN 55412 | RANDALL L BUTLER | RESIDENTIAL | $181,500 | 80 ft |
| 3439 4TH ST N MINNEAPOLIS MN 55412 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 120 ft |
| 3435 4TH ST N MINNEAPOLIS MN 55412 | MN BUDDHIST VIHARA INC ET AL | RESIDENTIAL | $201,900 | 160 ft |
| 3450 6TH ST N MINNEAPOLIS MN 55412 | QUEEN B PROPERTY MNGMT LLC | RESIDENTIAL | $169,100 | 170 ft |
| 3454 6TH ST N MINNEAPOLIS MN 55412 | JOSUE A GALVEZ-CARCAMO | RESIDENTIAL | $196,700 | 175 ft |
| 3446 6TH ST N MINNEAPOLIS MN 55412 | J W HAMP & D J HEMP | RESIDENTIAL | $167,000 | 175 ft |
| 3503 4TH ST N MINNEAPOLIS MN 55412 | JESSE T ALVEY | RESIDENTIAL | $224,000 | 176 ft |
Most Recent Sale
Current Tax Year