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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2022 · $25K total declared value · Most recent: Dec 2023 (misc)
AVALON CONSTRUCTION
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lind - Bohanon · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1.02
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 1,998 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4631 COLFAX AVE N MINNEAPOLIS MN 55412 | SPENCER D LOWE | RESIDENTIAL | $176,900 | 36 ft |
| 4623 COLFAX AVE N MINNEAPOLIS MN 55412 | ALFRED ARMSTRONG | RESIDENTIAL | $226,600 | 37 ft |
| 4635 COLFAX AVE N MINNEAPOLIS MN 55412 | LAURA & DAVID T PARKER | RESIDENTIAL | $202,800 | 76 ft |
| 4617 COLFAX AVE N MINNEAPOLIS MN 55412 | MYCHAL FRELIX | LOW INCOME RENTAL | $283,300 | 81 ft |
| 4639 COLFAX AVE N MINNEAPOLIS MN 55412 | WILLIE WILLIAMS | RESIDENTIAL | $202,400 | 116 ft |
| 4615 COLFAX AVE N MINNEAPOLIS MN 55412 | IRON STONE PROPERTIES | RESIDENTIAL-TWO UNIT | $202,200 | 124 ft |
| 4626 DUPONT AVE N MINNEAPOLIS MN 55412 | SHANNON UNDERWOOD | RESIDENTIAL | $148,300 | 137 ft |
| 4630 DUPONT AVE N MINNEAPOLIS MN 55412 | EMMA HEINO | RESIDENTIAL | $131,900 | 142 ft |
| 4622 DUPONT AVE N MINNEAPOLIS MN 55412 | C D IKOLA & R C IKOLA | RESIDENTIAL | $244,300 | 144 ft |
| 4643 COLFAX AVE N MINNEAPOLIS MN 55412 | JOHN K BOYD | RESIDENTIAL | $262,000 | 157 ft |
Most Recent Sale
Current Tax Year