Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
6 permits on record since 2008 · $162K total declared value · Most recent: May 2024 (misc)
Kennedy Property Development LLC
Jeffrey Hansen
Binder Heating and Air Conditioning Inc
Kennedy Property Development LLC
Kennedy Property Development 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 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 4,277 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3231 4TH ST N MINNEAPOLIS MN 55412 | DUNIYO ALI | RESIDENTIAL-ZERO LOT LINE | $306,800 | 35 ft |
| 3239 4TH ST N MINNEAPOLIS MN 55412 | MCKINLEY COMMUNITY | VACANT LAND-RESIDENTIAL | $16,000 | 46 ft |
| 3229 4TH ST N MINNEAPOLIS MN 55412 | S A HASSAN/Z A MOHAMUD | RESIDENTIAL-ZERO LOT LINE | $306,800 | 58 ft |
| 3225 4TH ST N MINNEAPOLIS MN 55412 | DEBRA FLANDERS | RESIDENTIAL-TWO UNIT | $230,200 | 89 ft |
| 3241 4TH ST N MINNEAPOLIS MN 55412 | K M HILL & B M PARHAM | VACANT LAND-RESIDENTIAL | $18,000 | 92 ft |
| 3223 4TH ST N MINNEAPOLIS MN 55412 | LARRY ALGIERS | RESIDENTIAL | $160,000 | 130 ft |
| 407 33RD AVE N MINNEAPOLIS MN 55412 | MAKRAM & SHARON EL-AMIN | RESIDENTIAL | $337,000 | 161 ft |
| 411 33RD AVE N MINNEAPOLIS MN 55412 | AMANDA S WALKER | RESIDENTIAL | $384,000 | 169 ft |
| 401 33RD AVE N MINNEAPOLIS MN 55412 | KATHRYN M HILL | RESIDENTIAL-TWO UNIT | $207,600 | 171 ft |
| 3234 6TH ST N MINNEAPOLIS MN 55412 | ALLISON M FURRER | RESIDENTIAL | $315,000 | 173 ft |
Most Recent Sale
Current Tax Year