On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗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.
2 permits on record since 2017 · $4K total declared value · Most recent: Oct 2025 (res)
CenterPoint Energy Resource Corp
AMB CONSTRUCTION ENGINEERING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Victory · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1002
Zip code 55412
Source: Redfin Data Center (Invalid Date) · Zip 55412
Residential Mixed-Use 1 — low-density mixed 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 2,704 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4346 PENN AVE N MINNEAPOLIS MN 55412 | SHAWN CHA & MANNY PHOTHIRATH | RESIDENTIAL-TWO UNIT | $296,200 | 40 ft |
| 4354 PENN AVE N MINNEAPOLIS MN 55412 | SHERI HIXON | RESIDENTIAL | $156,700 | 40 ft |
| 4342 PENN AVE N MINNEAPOLIS MN 55412 | SEAN TRAIL & ELIJAH DAVIS | RESIDENTIAL | $207,700 | 80 ft |
| 4338 PENN AVE N MINNEAPOLIS MN 55412 | KRISTINE H KAEHN | RESIDENTIAL | $212,000 | 120 ft |
| 2147 44TH AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 133 ft |
| 4351 OLIVER AVE N MINNEAPOLIS MN 55412 | DONALD MOORE | RESIDENTIAL | $208,500 | 140 ft |
| 2139 44TH AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 141 ft |
| 4355 OLIVER AVE N MINNEAPOLIS MN 55412 | REINVENTION R E GROUP L L C | LOW INCOME RENTAL | $219,500 | 145 ft |
| 4347 OLIVER AVE N MINNEAPOLIS MN 55412 | MELISSA YEM | RESIDENTIAL | $261,900 | 147 ft |
| 4334 PENN AVE N MINNEAPOLIS MN 55412 | FREDERICK W BRUNING | RESIDENTIAL | $268,000 | 160 ft |
Current Tax Year