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.
5 permits on record since 2018 · $92K total declared value · Most recent: May 2019 (existres)
CenterPoint Energy Resource Corp
AIR EXPRESS INC
B and B Plumbing Inc
Damyan's Heating and Cooling LLC
AHR CONSTRUCTION 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 1,526 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 612 33RD AVE N MINNEAPOLIS MN 55412 | CAROL J BROWN | RESIDENTIAL | $160,000 | 40 ft |
| 3307 6TH ST N MINNEAPOLIS MN 55412 | CHRISTELLE M CAMPION | RESIDENTIAL | $252,500 | 59 ft |
| 3309 6TH ST N MINNEAPOLIS MN 55412 | THOMAS U SCHNEIDER | RESIDENTIAL-TWO UNIT | $329,600 | 73 ft |
| 614 33RD AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 91 ft |
| 3315 6TH ST N MINNEAPOLIS MN 55412 | MIKE ATLAS | VACANT LAND-RESIDENTIAL | $17,000 | 116 ft |
| 3251 6TH ST N MINNEAPOLIS MN 55412 | CITY/LAKES COMMUNITY LAND TR | — | $386,000 | 131 ft |
| 3319 6TH ST N MINNEAPOLIS MN 55412 | LORENA K BURNETT | RESIDENTIAL | $255,500 | 162 ft |
| 3310 LYNDALE AVE N MINNEAPOLIS MN 55412 | N A CERRITOS & L A CERRITOS | RESIDENTIAL | $227,000 | 167 ft |
| 3300 LYNDALE AVE N MINNEAPOLIS MN 55412 | MCKINLEY COMMUNITY | COMMERCIAL-PREFERRED | $0 | 171 ft |
| 3306 LYNDALE AVE N MINNEAPOLIS MN 55412 | 409 SECOND AVENUE LLC | COMMERCIAL-PREFERRED | $166,000 | 171 ft |
Most Recent Sale
Current Tax Year