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.
2 permits on record since 2019 · Most recent: Apr 2020 (res)
Linn Star Transfer Inc
CenterPoint Energy Resource Corp
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 2,539 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3450 PENN AVE N MINNEAPOLIS MN 55412 | VENUS C BROWN/OTHA DENHAM JR | RESIDENTIAL | $281,000 | 39 ft |
| 3456 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 42 ft |
| 3446 PENN AVE N MINNEAPOLIS MN 55412 | ARFON ISSE | RESIDENTIAL | $232,000 | 79 ft |
| 3440 PENN AVE N MINNEAPOLIS MN 55412 | JOSE MARTINEZ ROMO ET AL | LOW INCOME RENTAL | $263,700 | 118 ft |
| 3453 OLIVER AVE N MINNEAPOLIS MN 55412 | J GARSIDE/S VALLIERE | RESIDENTIAL | $295,000 | 138 ft |
| 3459 OLIVER AVE N MINNEAPOLIS MN 55412 | DON VANG & JULLIE VANG | RESIDENTIAL | $222,900 | 144 ft |
| 3451 OLIVER AVE N MINNEAPOLIS MN 55412 | MICHAEL D WELTON | RESIDENTIAL | $182,400 | 144 ft |
| 3500 PENN AVE N MINNEAPOLIS MN 55412 | JOSEPH J STEVERSON | RESIDENTIAL | $153,700 | 145 ft |
| 3438 PENN AVE N MINNEAPOLIS MN 55412 | FADHIL ABED | RESIDENTIAL | $210,900 | 157 ft |
| 3447 OLIVER AVE N MINNEAPOLIS MN 55412 | ERIC ROSS | RESIDENTIAL | $194,600 | 158 ft |
Most Recent Sale
Current Tax Year