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 a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗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 ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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.
1 permit on record since 2018 · Most recent: Jan 2018 (existres)
Pronto Heating & Air Conditioning Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1257
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 2,813 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2900 PENN AVE N MINNEAPOLIS MN 55411 | MARTIN QUIROZ | RESIDENTIAL | $170,200 | 43 ft |
| 2910 PENN AVE N MINNEAPOLIS MN 55411 | J E PAREDES & M E JARA | APARTMENT | $294,000 | 43 ft |
| 2914 PENN AVE N MINNEAPOLIS MN 55411 | T & M BOYD | RESIDENTIAL | $114,000 | 85 ft |
| 2918 PENN AVE N MINNEAPOLIS MN 55411 | TRIO INVESTMENTS LLC | RESIDENTIAL | $181,000 | 128 ft |
| 2907 OLIVER AVE N MINNEAPOLIS MN 55411 | BLACK WOMEN'S WLTH ALLIANCE | VACANT LAND-RESIDENTIAL | $16,000 | 138 ft |
| 2911 OLIVER AVE N MINNEAPOLIS MN 55411 | E L CREIGHTON/T H CREIGHTON | RESIDENTIAL | $192,800 | 144 ft |
| 2901 OLIVER AVE N MINNEAPOLIS MN 55411 | SARAH MICHELLE PILATO | RESIDENTIAL | $114,000 | 145 ft |
| 2824 PENN AVE N MINNEAPOLIS MN 55411 | EVEREST HOLDINGS LLC | RESIDENTIAL | $142,600 | 148 ft |
| 2915 OLIVER AVE N MINNEAPOLIS MN 55411 | AZUCENA GALVAN GENIS | RESIDENTIAL | $223,800 | 161 ft |
| 2922 PENN AVE N MINNEAPOLIS MN 55411 | MASON J ZORN | RESIDENTIAL | $139,700 | 171 ft |
Most Recent Sale
Current Tax Year