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.
3 permits on record since 2017 · $7K total declared value · Most recent: Oct 2023 (misc)
Universal Construction LLC
Ray Max
Max Ray
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,533 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3007 OLIVER AVE N MINNEAPOLIS MN 55411 | NOU LY YANG | RESIDENTIAL | $245,000 | 43 ft |
| 3011 OLIVER AVE N MINNEAPOLIS MN 55411 | PATRICK SLATER | RESIDENTIAL-TWO UNIT | $260,500 | 85 ft |
| 2955 OLIVER AVE N MINNEAPOLIS MN 55411 | KASPARS KALNITIS | RESIDENTIAL | $196,200 | 106 ft |
| 3015 OLIVER AVE N MINNEAPOLIS MN 55411 | BROADWAY AVENUE LLC | RESIDENTIAL-TWO UNIT | $293,100 | 128 ft |
| 3010 PENN AVE N MINNEAPOLIS MN 55411 | PENN-LOWRY CROSSING LLC | COMMERCIAL-PREFERRED | $1,064,000 | 153 ft |
| 2951 OLIVER AVE N MINNEAPOLIS MN 55411 | ANDREA M FARR | RESIDENTIAL | $237,400 | 156 ft |
| 2122 30TH AVE N MINNEAPOLIS MN 55411 | SHENYENG VANG | RESIDENTIAL | $154,000 | 162 ft |
| 3019 OLIVER AVE N MINNEAPOLIS MN 55411 | LESTER J LERFALD | RESIDENTIAL | $165,400 | 170 ft |
| 2954 PENN AVE N MINNEAPOLIS MN 55411 | R HOLLIDAY & S HOLLIDAY | RESIDENTIAL | $153,500 | 173 ft |
| 3006 OLIVER AVE N MINNEAPOLIS MN 55411 | R SANCHEZ & G HIDALGO | RESIDENTIAL | $169,600 | 179 ft |
Most Recent Sale
Current Tax Year