Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 2019 · $42K total declared value · Most recent: Apr 2026 (remodel)
S & S BUILD AND REMODEL INC
CenterPoint Energy Resource Corp
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
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 2,248 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1426 PENN AVE N MINNEAPOLIS MN 55411 | JAMA MOHAMED & HABIBO DHORE | RESIDENTIAL | $372,000 | 42 ft |
| 1422 PENN AVE N MINNEAPOLIS MN 55411 | R & M MUELLER | RESIDENTIAL | $149,000 | 83 ft |
| 1500 PENN AVE N MINNEAPOLIS MN 55411 | ELAINE MARIE JOHNSON | RESIDENTIAL | $211,600 | 108 ft |
| 1418 PENN AVE N MINNEAPOLIS MN 55411 | MILIKIA WARFIELD | RESIDENTIAL | $198,300 | 124 ft |
| 1431 OLIVER AVE N MINNEAPOLIS MN 55411 | RAMS PROPERTIES INC | RESIDENTIAL | $178,100 | 138 ft |
| 1427 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL JOSEPH WILKE ET AL | RESIDENTIAL-TWO UNIT | $301,100 | 143 ft |
| 1506 PENN AVE N MINNEAPOLIS MN 55411 | BANK OF NEW YORK TRS | RESIDENTIAL | $203,000 | 150 ft |
| 1423 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL JOSEPH WILKE ET AL | VACANT LAND-RESIDENTIAL | $16,000 | 158 ft |
| 1414 PENN AVE N MINNEAPOLIS MN 55411 | M EYTCHESON & E SOHLBERG | RESIDENTIAL | $230,300 | 162 ft |
| 1503 OLIVER AVE N MINNEAPOLIS MN 55411 | AMAR PUICHAN | RESIDENTIAL | $216,800 | 175 ft |
Most Recent Sale
Current Tax Year