On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗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.
3 permits on record since 2018 · $14K total declared value · Most recent: Oct 2025 (misc)
Aspire Services
A1 Nxterior Restorations
BELLA ROOFING LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Folwell · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1008
Zip code 55412
Source: Redfin Data Center (Invalid Date) · Zip 55412
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,232 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3706 PENN AVE N MINNEAPOLIS MN 55412 | 3706 PENN AVE N LLC | RESIDENTIAL-TWO UNIT | $327,300 | 40 ft |
| 3708 PENN AVE N MINNEAPOLIS MN 55412 | KATLYN TENNYSON | RESIDENTIAL | $241,600 | 80 ft |
| 3712 PENN AVE N MINNEAPOLIS MN 55412 | M M HAMMERSCHMIDT REV TR | RESIDENTIAL | $179,000 | 120 ft |
| 3701 OLIVER AVE N MINNEAPOLIS MN 55412 | KENNETH J BREZNY | RESIDENTIAL | $225,300 | 140 ft |
| 3707 OLIVER AVE N MINNEAPOLIS MN 55412 | MOISES SANCHEZ | RESIDENTIAL | $169,000 | 144 ft |
| 3711 OLIVER AVE N MINNEAPOLIS MN 55412 | JOANNE M FOSTER | RESIDENTIAL | $140,400 | 159 ft |
| 3716 PENN AVE N MINNEAPOLIS MN 55412 | C A PAGUAY OJEDA/C C CABEZAS | RESIDENTIAL-TWO UNIT | $253,400 | 160 ft |
| 3649 OLIVER AVE N MINNEAPOLIS MN 55412 | KAYE-LANI STORY | RESIDENTIAL | $265,000 | 175 ft |
| 3715 OLIVER AVE N MINNEAPOLIS MN 55412 | PA YANG | RESIDENTIAL | $199,400 | 182 ft |
| 3701 PENN AVE N MINNEAPOLIS MN 55412 | TRANQUILITY HOUSING CORP | COMMERCIAL-PREFERRED | $166,000 | 193 ft |
Most Recent Sale
Current Tax Year