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.
1 permit on record since 2019 · Most recent: May 2019 (existres)
Blue Ox Heating and Air LLC
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 sfr / adu benchmarks for 970 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2625 OLIVER AVE N MINNEAPOLIS MN 55411 | BLACKWOOD INVESTMENT INC | RESIDENTIAL | $86,000 | 22 ft |
| 2631 OLIVER AVE N MINNEAPOLIS MN 55411 | JULIA M LEMA LEMA | RESIDENTIAL | $89,000 | 32 ft |
| 2623 OLIVER AVE N MINNEAPOLIS MN 55411 | ARTURO GOMEZ ALQUICIRA | RESIDENTIAL | $204,000 | 53 ft |
| 2635 OLIVER AVE N MINNEAPOLIS MN 55411 | ABRAHAM IBARRA SEGURA | VACANT LAND-RESIDENTIAL | $16,000 | 74 ft |
| 2619 OLIVER AVE N MINNEAPOLIS MN 55411 | JOVANNY MUNOZ | VACANT LAND-RESIDENTIAL | $16,000 | 96 ft |
| 2639 OLIVER AVE N MINNEAPOLIS MN 55411 | JESUS ROMERO PALLCHIZACA | VACANT LAND-RESIDENTIAL | $16,000 | 117 ft |
| 2624 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 138 ft |
| 2615 OLIVER AVE N MINNEAPOLIS MN 55411 | EMILY A CAREY/JOSHUA C CAREY | RESIDENTIAL | $184,000 | 139 ft |
| 2630 PENN AVE N MINNEAPOLIS MN 55411 | LEE CHANG | RESIDENTIAL | $338,000 | 142 ft |
| 2622 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 147 ft |
Most Recent Sale
Current Tax Year