On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2020 · $2K total declared value · Most recent: Mar 2022 (remodel)
Ronnie Holliday
Ronnie Holliday
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
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 2,946 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2950 PENN AVE N MINNEAPOLIS MN 55411 | G T & N L LEE | RESIDENTIAL | $212,600 | 50 ft |
| 2946 PENN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 94 ft |
| 2942 PENN AVE N MINNEAPOLIS MN 55411 | MARIA NIEVES REMACHE PAUCAR | RESIDENTIAL | $196,000 | 135 ft |
| 2955 OLIVER AVE N MINNEAPOLIS MN 55411 | KASPARS KALNITIS | RESIDENTIAL | $196,200 | 138 ft |
| 2951 OLIVER AVE N MINNEAPOLIS MN 55411 | ANDREA M FARR | RESIDENTIAL | $237,400 | 147 ft |
| 2947 OLIVER AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | — | $113,000 | 168 ft |
| 3010 PENN AVE N MINNEAPOLIS MN 55411 | PENN-LOWRY CROSSING LLC | COMMERCIAL-PREFERRED | $1,064,000 | 169 ft |
| 3001 OLIVER AVE N MINNEAPOLIS MN 55411 | 3001 OLIVER AVE LLC | RESIDENTIAL-TWO UNIT | $243,400 | 173 ft |
| 2938 PENN AVE N MINNEAPOLIS MN 55411 | FEDERAL NATIONAL MORTGAGE AS | RESIDENTIAL | $48,000 | 175 ft |
| 2957 PENN AVE N MINNEAPOLIS MN 55411 | NANCY L MUNSON | RESIDENTIAL | $89,000 | 192 ft |
Most Recent Sale
Current Tax Year