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 ↗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 2008 · $100K total declared value · Most recent: Jul 2008 (building re-inspection)
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
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 2,787 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3019 OLIVER AVE N MINNEAPOLIS MN 55411 | LESTER J LERFALD | RESIDENTIAL | $165,400 | 42 ft |
| 3011 OLIVER AVE N MINNEAPOLIS MN 55411 | PATRICK SLATER | RESIDENTIAL-TWO UNIT | $260,500 | 43 ft |
| 3007 OLIVER AVE N MINNEAPOLIS MN 55411 | NOU LY YANG | RESIDENTIAL | $245,000 | 85 ft |
| 3001 OLIVER AVE N MINNEAPOLIS MN 55411 | 3001 OLIVER AVE LLC | RESIDENTIAL-TWO UNIT | $243,400 | 128 ft |
| 3010 PENN AVE N MINNEAPOLIS MN 55411 | PENN-LOWRY CROSSING LLC | COMMERCIAL-PREFERRED | $1,064,000 | 153 ft |
| 3020 PENN AVE N MINNEAPOLIS MN 55411 | PENN-LOWRY CROSSING LLC | LAND-COMMERCIAL | $159,300 | 178 ft |
| 3012 OLIVER AVE N MINNEAPOLIS MN 55411 | PATRICK W SLATER | RESIDENTIAL | $135,000 | 186 ft |
| 3018 OLIVER AVE N MINNEAPOLIS MN 55411 | DELIA VANLIEW | RESIDENTIAL | $219,900 | 190 ft |
| 3025 OLIVER AVE N MINNEAPOLIS MN 55411 | PENN-LOWRY CROSSING LLC | LAND-COMMERCIAL | $193,900 | 190 ft |
| 3010 OLIVER AVE N MINNEAPOLIS MN 55411 | PATRICK W SLATER | RESIDENTIAL-TWO UNIT | $202,300 | 191 ft |
Most Recent Sale
Current Tax Year