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.
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 3-story wood frame (5–12 units) benchmarks for 3,773 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3538 PENN AVE N MINNEAPOLIS MN 55412 | JOSE A MOROCHO YUPANGUI | APARTMENT | $432,000 | 53 ft |
| 3550 PENN AVE N MINNEAPOLIS MN 55412 | ATD REALTY LLC | APARTMENT | $104,300 | 54 ft |
| 3554 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 100 ft |
| 3534 PENN AVE N MINNEAPOLIS MN 55412 | ATD REALTY LLC | APARTMENT | $432,000 | 108 ft |
| 3547 OLIVER AVE N MINNEAPOLIS MN 55412 | JIMMY WHITEHEAD | RESIDENTIAL | $145,000 | 140 ft |
| 3543 OLIVER AVE N MINNEAPOLIS MN 55412 | SHA'DAESHA BEEKS | RESIDENTIAL | $360,000 | 140 ft |
| 3558 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 140 ft |
| 3551 OLIVER AVE N MINNEAPOLIS MN 55412 | ADAM VERZALIK | RESIDENTIAL | $131,000 | 150 ft |
| 3539 OLIVER AVE N MINNEAPOLIS MN 55412 | DARNELL SCONIERS | RESIDENTIAL | $146,000 | 151 ft |
| 3528 PENN AVE N MINNEAPOLIS MN 55412 | ATD REALTY LLC | APARTMENT | $432,000 | 164 ft |
Most Recent Sale
Current Tax Year