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 ↗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.
1 permit on record since 2018 · $2K total declared value · Most recent: Mar 2018 (misc)
URBAN HOMEWORKS
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
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 2,536 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3400 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 39 ft |
| 3410 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 39 ft |
| 3414 PENN AVE N MINNEAPOLIS MN 55412 | TIFFANY L MARTIN | RESIDENTIAL | $259,000 | 79 ft |
| 3418 PENN AVE N MINNEAPOLIS MN 55412 | ERIK A DOUGHTY | RESIDENTIAL | $146,500 | 118 ft |
| 3407 OLIVER AVE N MINNEAPOLIS MN 55412 | CAG MINNESOTA FUND I LLC | RESIDENTIAL | $202,000 | 138 ft |
| 3411 OLIVER AVE N MINNEAPOLIS MN 55412 | TRAMMELL C WILSON | RESIDENTIAL | $109,000 | 143 ft |
| 3403 OLIVER AVE N MINNEAPOLIS MN 55412 | STEPHEN D WASTE | RESIDENTIAL | $110,000 | 144 ft |
| 3415 OLIVER AVE N MINNEAPOLIS MN 55412 | TYRONE M PLUNKETT | RESIDENTIAL | $146,900 | 158 ft |
| 3422 PENN AVE N MINNEAPOLIS MN 55412 | XINHUA JIA & ZHANGWEI CHAI | RESIDENTIAL | $265,000 | 158 ft |
| 3419 OLIVER AVE N MINNEAPOLIS MN 55412 | CCF3 LLC | RESIDENTIAL | $184,000 | 181 ft |
Most Recent Sale
Current Tax Year