Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
3 permits on record since 2021 · $5K total declared value · Most recent: Nov 2024 (existres)
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
FOURTH PROPERTIES LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Willard - Hay · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1028
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 5,769 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1831 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL MCNAMEE & KATIE MCNAMEE | RESIDENTIAL | $203,300 | 62 ft |
| 1827 OLIVER AVE N MINNEAPOLIS MN 55411 | MELVIN E SNODDY | RESIDENTIAL | $222,400 | 103 ft |
| 1901 OLIVER AVE N MINNEAPOLIS MN 55411 | RICKY C PRUITT | RESIDENTIAL-TWO UNIT | $294,200 | 130 ft |
| 1840 PENN AVE N MINNEAPOLIS MN 55411 | SAMARA 1840 PENN AVE NO LLC | COMMERCIAL-PREFERRED | $213,000 | 140 ft |
| 1834 PENN AVE N MINNEAPOLIS MN 55411 | NORTH COMMUNITY BAPTIST CH | COMMERCIAL-PREFERRED | $0 | 141 ft |
| 2021 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | WILLIE M FARRIS | RESIDENTIAL | $221,200 | 145 ft |
| 1821 OLIVER AVE N MINNEAPOLIS MN 55411 | JESSE R HOLLIE ETAL | RESIDENTIAL | $309,900 | 148 ft |
| 1830 PENN AVE N MINNEAPOLIS MN 55411 | REAL TIME RESOLUTIONS INC | RESIDENTIAL-TWO UNIT | $226,100 | 153 ft |
| 1907 OLIVER AVE N MINNEAPOLIS MN 55411 | ANNETTE WILSON | RESIDENTIAL-TWO UNIT | $279,000 | 175 ft |
| 1826 PENN AVE N MINNEAPOLIS MN 55411 | HEVEREST INVESTMENTS LLC | RESIDENTIAL-TWO UNIT | $231,200 | 175 ft |
Most Recent Sale
Current Tax Year