ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2018 · $30K total declared value · Most recent: Apr 2024 (commercial minor)
Plumbing West Inc
Perfection Heating and Air Conditioning Inc
SERVPRO OF WRIGHT COUNTY
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 3,774 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3554 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 47 ft |
| 3542 PENN AVE N MINNEAPOLIS MN 55412 | GS NMINN HOLDINGS LLC | APARTMENT | $436,000 | 54 ft |
| 3558 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 86 ft |
| 3538 PENN AVE N MINNEAPOLIS MN 55412 | GS NMINN HOLDINGS LLC | APARTMENT | $432,000 | 107 ft |
| 3551 OLIVER AVE N MINNEAPOLIS MN 55412 | ADAM VERZALIK | RESIDENTIAL | $131,000 | 138 ft |
| 3547 OLIVER AVE N MINNEAPOLIS MN 55412 | REALTY PROS LLC | RESIDENTIAL | $145,000 | 143 ft |
| 3555 OLIVER AVE N MINNEAPOLIS MN 55412 | BRYANT ARRIAGA | RESIDENTIAL | $144,400 | 145 ft |
| 3543 OLIVER AVE N MINNEAPOLIS MN 55412 | SHA'DAESHA BEEKS | RESIDENTIAL | $360,000 | 157 ft |
| 3534 PENN AVE N MINNEAPOLIS MN 55412 | GS NMINN HOLDINGS LLC | APARTMENT | $432,000 | 161 ft |
| 3557 OLIVER AVE N MINNEAPOLIS MN 55412 | ARACELI ONOFRE-SALAS | RESIDENTIAL | $197,500 | 162 ft |
Most Recent Sale
Current Tax Year