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.
7 permits on record since 2020 · $26K total declared value · Most recent: Jan 2024 (existres)
Travis Glanzer HVAC LLC
Travis Glanzer HVAC LLC
All Pride Plumbing Inc
Cedar and Stone LLC
Safe Basements of MN
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 2,801 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2655 OLIVER AVE N MINNEAPOLIS MN 55411 | LUIS J ALVARADO | VACANT LAND-RESIDENTIAL | $16,000 | 43 ft |
| 2647 OLIVER AVE N MINNEAPOLIS MN 55411 | CHRISTINE JOHNSON ET AL | RESIDENTIAL | $112,900 | 43 ft |
| 2643 OLIVER AVE N MINNEAPOLIS MN 55411 | C C DAVILA & M H DOMINGUEZ | RESIDENTIAL | $180,000 | 85 ft |
| 2639 OLIVER AVE N MINNEAPOLIS MN 55411 | JESUS ROMERO PALLCHIZACA | VACANT LAND-RESIDENTIAL | $16,000 | 128 ft |
| 2648 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 138 ft |
| 2646 PENN AVE N MINNEAPOLIS MN 55411 | MICHAEL R DEXTER | RESIDENTIAL | $253,000 | 144 ft |
| 2652 PENN AVE N MINNEAPOLIS MN 55411 | JUAN HERNANDEZ-ESTEBAN ET AL | RESIDENTIAL | $241,000 | 145 ft |
| 2701 OLIVER AVE N MINNEAPOLIS MN 55411 | B U FREDERICK & A M SUPAK | RESIDENTIAL | $329,800 | 147 ft |
| 2640 PENN AVE N MINNEAPOLIS MN 55411 | BARRY R & PAMELA A HOPPE | RESIDENTIAL | $155,900 | 161 ft |
| 2635 OLIVER AVE N MINNEAPOLIS MN 55411 | ABRAHAM IBARRA SEGURA | VACANT LAND-RESIDENTIAL | $16,000 | 170 ft |
Most Recent Sale
Current Tax Year