Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Within the Lowry Avenue North Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2024 · $5K total declared value · Most recent: Aug 2024 (res)
CenterPoint Energy Resource Corp
First Class Plumbing & Heating LLC
GREAT LAKES WINDOW AND SIDING CO
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
Urban Neighborhood 2 — moderate-density 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 2,591 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3235 OLIVER AVE N MINNEAPOLIS MN 55412 | KIM M DUSSAULT | RESIDENTIAL | $146,600 | 40 ft |
| 3227 OLIVER AVE N MINNEAPOLIS MN 55412 | LISA MOUA | RESIDENTIAL | $190,000 | 40 ft |
| 3237 OLIVER AVE N MINNEAPOLIS MN 55412 | BERNARD WALLACE | RESIDENTIAL | $102,000 | 80 ft |
| 3223 OLIVER AVE N MINNEAPOLIS MN 55412 | MARK LANGMADE | RESIDENTIAL | $113,000 | 80 ft |
| 3243 OLIVER AVE N MINNEAPOLIS MN 55412 | JESSICA KIEL-WORNSON | RESIDENTIAL | $199,100 | 120 ft |
| 3219 OLIVER AVE N MINNEAPOLIS MN 55412 | JOEL EDINGER-WILSON ET AL | RESIDENTIAL | $199,500 | 120 ft |
| 3230 PENN AVE N MINNEAPOLIS MN 55412 | PENN GROUP LLLP | APARTMENT | $860,000 | 140 ft |
| 3226 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 143 ft |
| 3222 PENN AVE N MINNEAPOLIS MN 55412 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 159 ft |
| 3247 OLIVER AVE N MINNEAPOLIS MN 55412 | BRYAN ALAN SCHOBEL | RESIDENTIAL | $163,200 | 160 ft |
Most Recent Sale
Current Tax Year