ParcelLens
Property Intelligence · Twin Cities
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Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Signals are based on public datasets; program eligibility requires verification.
6 permits on record since 2021 · $1.6M total declared value · Most recent: Mar 2023 (new)
FRERICHS CONSTRUCTION CO
Quad E Companies Inc
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lynnhurst · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1113
Zip code 55419
Source: Redfin Data Center (Invalid Date) · Zip 55419
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5145 PENN AVE S MINNEAPOLIS MN 55419 | PEDRO D GUILLEN GARZA | RESIDENTIAL | $409,900 | 60 ft |
| 5133 PENN AVE S MINNEAPOLIS MN 55419 | PATRICIA M FEDKIW | RESIDENTIAL | $452,300 | 60 ft |
| 5149 PENN AVE S MINNEAPOLIS MN 55419 | TARA L NORRIS | RESIDENTIAL | $444,500 | 100 ft |
| 5129 PENN AVE S MINNEAPOLIS MN 55419 | HADRIAN V MOORE | RESIDENTIAL | $439,300 | 100 ft |
| 5125 PENN AVE S MINNEAPOLIS MN 55419 | M A MAGNUSON & M HILLS | RESIDENTIAL | $464,000 | 140 ft |
| 5136 OLIVER AVE S MINNEAPOLIS MN 55419 | M E WALSH & P J WALSH | RESIDENTIAL | $590,100 | 141 ft |
| 5140 OLIVER AVE S MINNEAPOLIS MN 55419 | J M ROLLER & S A ROLLER | RESIDENTIAL | $731,400 | 143 ft |
| 5132 OLIVER AVE S MINNEAPOLIS MN 55419 | CAROL JANE BRUNETTE | RESIDENTIAL | $416,900 | 151 ft |
| 5153 PENN AVE S MINNEAPOLIS MN 55419 | G A DAGGER & A M FRYZEK | RESIDENTIAL | $562,000 | 159 ft |
| 5148 OLIVER AVE S MINNEAPOLIS MN 55419 | D R LAMAGDELEINE TRUST ET AL | RESIDENTIAL | $708,900 | 166 ft |
Most Recent Sale
Current Tax Year