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.
No permits found in Minneapolis open data for this parcel.
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 3,113 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2951 OLIVER AVE N MINNEAPOLIS MN 55411 | ANDREA M FARR | RESIDENTIAL | $237,400 | 50 ft |
| 2947 OLIVER AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | — | $113,000 | 94 ft |
| 3001 OLIVER AVE N MINNEAPOLIS MN 55411 | 3001 OLIVER AVE LLC | RESIDENTIAL-TWO UNIT | $243,400 | 106 ft |
| 2943 OLIVER AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | — | $207,200 | 134 ft |
| 2954 PENN AVE N MINNEAPOLIS MN 55411 | R HOLLIDAY & S HOLLIDAY | RESIDENTIAL | $153,500 | 138 ft |
| 2950 PENN AVE N MINNEAPOLIS MN 55411 | G T & N L LEE | RESIDENTIAL | $212,600 | 146 ft |
| 3007 OLIVER AVE N MINNEAPOLIS MN 55411 | NOU LY YANG | RESIDENTIAL | $245,000 | 149 ft |
| 2946 PENN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 166 ft |
| 2939 OLIVER AVE N MINNEAPOLIS MN 55411 | LATHAM L & TYCHANZA LUEPKE | RESIDENTIAL | $250,700 | 174 ft |
| 2954 OLIVER AVE N MINNEAPOLIS MN 55411 | 2954 OLIVER AVE LLC | RESIDENTIAL-TWO UNIT | $285,700 | 186 ft |
Most Recent Sale
Current Tax Year