Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within the Yes Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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.
1 permit on record since 2023 · Most recent: Nov 2023 (res)
Hero Home Services 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 4,293 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3219 6TH ST N MINNEAPOLIS MN 55412 | COLLIN W DAVIS | RESIDENTIAL | $133,500 | 46 ft |
| 3211 6TH ST N MINNEAPOLIS MN 55412 | CARPATHIAN HOLDINGS LLC | LOW INCOME RENTAL | $361,000 | 46 ft |
| 3223 6TH ST N MINNEAPOLIS MN 55412 | ALEX MOLOSCHNIKOW | RESIDENTIAL | $287,000 | 89 ft |
| 3205 6TH ST N MINNEAPOLIS MN 55412 | J NIOLA & R NIOLA | RESIDENTIAL-TWO UNIT | $269,800 | 92 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | TAVONNI BERRY | RESIDENTIAL-TWO UNIT | $105,504 | 125 ft |
| 3227 6TH ST N MINNEAPOLIS MN 55412 | WAYNE SCOTT & KARINA SCOTT | RESIDENTIAL | $226,100 | 130 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | JOHN AISH INC | RESIDENTIAL-TWO UNIT | $106,596 | 148 ft |
| 616 LOWRY AVE N MINNEAPOLIS MN 55411 | DILLON APARTMENTS LLC | VACANT LAND-APARTMENT | $17,900 | 169 ft |
| 3218 LYNDALE AVE N MINNEAPOLIS MN 55412 | DILLON APARTMENTS LLC | LOW INCOME RENTAL | $883,000 | 172 ft |
| 3231 6TH ST N MINNEAPOLIS MN 55412 | DEBRA BAKER | RESIDENTIAL | $255,600 | 173 ft |
Most Recent Sale
Current Tax Year