On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗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 ↗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 ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
4 permits on record since 2016 · Most recent: Nov 2018 (res)
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1013
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 2,628 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2931 PENN AVE N MINNEAPOLIS MN 55411 | MEE VANG & CHUE YEE XIONG | RESIDENTIAL | $213,000 | 40 ft |
| 2923 PENN AVE N MINNEAPOLIS MN 55411 | BEVERLY BILBRO | RESIDENTIAL | $200,000 | 40 ft |
| 2933 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 80 ft |
| 2919 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | RESIDENTIAL | $0 | 80 ft |
| 2939 PENN AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | — | $139,700 | 120 ft |
| 2915 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 120 ft |
| 2926 QUEEN AVE N MINNEAPOLIS MN 55411 | CYNTHIA M COOK | RESIDENTIAL | $152,300 | 139 ft |
| 2922 QUEEN AVE N MINNEAPOLIS MN 55411 | KEVIN C UNDERWOOD | RESIDENTIAL | $150,700 | 145 ft |
| 2930 QUEEN AVE N MINNEAPOLIS MN 55411 | CRAIG CUMMINGS | RESIDENTIAL | $140,900 | 145 ft |
| 2943 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-APARTMENT | $0 | 160 ft |
Most Recent Sale
Current Tax Year