ParcelLens
Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2018 · Most recent: Dec 2018 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 3-story wood frame (5–12 units) benchmarks for 3,988 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3534 PENN AVE N MINNEAPOLIS MN 55412 | GS NMINN HOLDINGS LLC | APARTMENT | $432,000 | 56 ft |
| 3520 PENN AVE N MINNEAPOLIS MN 55412 | GS NMINN HOLDINGS LLC | APARTMENT | $960,000 | 72 ft |
| 3538 PENN AVE N MINNEAPOLIS MN 55412 | GS NMINN HOLDINGS LLC | APARTMENT | $432,000 | 111 ft |
| 3514 PENN AVE N MINNEAPOLIS MN 55412 | MIKAELE TESEMA | RESIDENTIAL | $169,800 | 136 ft |
| 3527 OLIVER AVE N MINNEAPOLIS MN 55412 | TESORO REALTY GROUP 2 LLC | RESIDENTIAL | $160,000 | 139 ft |
| 3531 OLIVER AVE N MINNEAPOLIS MN 55412 | I C ROJAS & W C RUBIO | RESIDENTIAL | $131,000 | 140 ft |
| 3523 OLIVER AVE N MINNEAPOLIS MN 55412 | MINNESTPOPOLIS IV LLC | RESIDENTIAL | $124,000 | 150 ft |
| 3535 OLIVER AVE N MINNEAPOLIS MN 55412 | CHENG MOUA | RESIDENTIAL | $103,000 | 152 ft |
| 3542 PENN AVE N MINNEAPOLIS MN 55412 | GS NMINN HOLDINGS LLC | APARTMENT | $436,000 | 164 ft |
| 3519 OLIVER AVE N MINNEAPOLIS MN 55412 | ANDREW WIEBKE | RESIDENTIAL | $308,000 | 169 ft |
Most Recent Sale
Current Tax Year