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.
3 permits on record since 2024 · $713K total declared value · Most recent: May 2024 (newres)
Professional Mechanical Services LLC
Great Quality Plumbing Inc
Magnolia Homes 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 1,545 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3231 4TH ST N MINNEAPOLIS MN 55412 | DUNIYO ALI | RESIDENTIAL-ZERO LOT LINE | $306,800 | 23 ft |
| 3225 4TH ST N MINNEAPOLIS MN 55412 | DEBRA FLANDERS | RESIDENTIAL-TWO UNIT | $230,200 | 31 ft |
| 3235 4TH ST N MINNEAPOLIS MN 55412 | KATHRYN MICHELLE HILL | RESIDENTIAL-TWO UNIT | $403,000 | 58 ft |
| 3223 4TH ST N MINNEAPOLIS MN 55412 | LARRY ALGIERS | RESIDENTIAL | $160,000 | 72 ft |
| 3239 4TH ST N MINNEAPOLIS MN 55412 | MCKINLEY COMMUNITY | VACANT LAND-RESIDENTIAL | $16,000 | 104 ft |
| 3219 4TH ST N MINNEAPOLIS MN 55412 | VINCENT RENTAL PROP LLC | LOW INCOME RENTAL | $232,400 | 115 ft |
| 3241 4TH ST N MINNEAPOLIS MN 55412 | K M HILL & B M PARHAM | VACANT LAND-RESIDENTIAL | $18,000 | 150 ft |
| 3213 4TH ST N MINNEAPOLIS MN 55412 | GM HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $227,700 | 161 ft |
| 3230 6TH ST N MINNEAPOLIS MN 55412 | AAKT L L C | RESIDENTIAL | $146,900 | 173 ft |
| 3226 6TH ST N MINNEAPOLIS MN 55412 | JAMES J & DOROTHY I GOTH | RESIDENTIAL | $152,000 | 175 ft |
Most Recent Sale
Current Tax Year