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.
1 permit on record since 2023 · $7K total declared value · Most recent: Oct 2023 (misc)
Xtreme Construction
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
Lot dimensions are insufficient for the standard setbacks shown.
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 2,305 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1427 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL JOSEPH WILKE ET AL | RESIDENTIAL-TWO UNIT | $301,100 | 40 ft |
| 1423 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL JOSEPH WILKE ET AL | VACANT LAND-RESIDENTIAL | $16,000 | 80 ft |
| 1503 OLIVER AVE N MINNEAPOLIS MN 55411 | AMAR PUICHAN | RESIDENTIAL | $216,800 | 108 ft |
| 1419 OLIVER AVE N MINNEAPOLIS MN 55411 | R CHANEY & B P CHANEY | RESIDENTIAL | $113,000 | 120 ft |
| 1430 PENN AVE N MINNEAPOLIS MN 55411 | PRG INC | RESIDENTIAL | $149,500 | 138 ft |
| 1426 PENN AVE N MINNEAPOLIS MN 55411 | JAMA MOHAMED & HABIBO DHORE | RESIDENTIAL | $372,000 | 144 ft |
| 1507 OLIVER AVE N MINNEAPOLIS MN 55411 | JACKSON HAMPTON | RESIDENTIAL-TWO UNIT | $295,900 | 150 ft |
| 1415 OLIVER AVE N MINNEAPOLIS MN 55411 | C L RAKOB & T STEWART | RESIDENTIAL | $362,000 | 160 ft |
| 1422 PENN AVE N MINNEAPOLIS MN 55411 | R & M MUELLER | RESIDENTIAL | $149,000 | 161 ft |
| 1500 PENN AVE N MINNEAPOLIS MN 55411 | ELAINE MARIE JOHNSON | RESIDENTIAL | $211,600 | 174 ft |
Most Recent Sale
Current Tax Year