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.
5 permits on record since 2017 · $48K total declared value · Most recent: Aug 2023 (addition)
SELA ROOFING AND REMODELING INC
SELA ROOFING AND REMODELING INC
MN Plumbing & Home Services INC
Flare Heating & Air Conditioning, Inc.
Linn Star Transfer Inc
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 3-story wood frame (5–12 units) benchmarks for 4,074 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1404 PENN AVE N MINNEAPOLIS MN 55411 | CATINA M WALKER | RESIDENTIAL | $294,000 | 65 ft |
| 1414 PENN AVE N MINNEAPOLIS MN 55411 | M EYTCHESON & E SOHLBERG | RESIDENTIAL | $230,300 | 115 ft |
| 1401 OLIVER AVE N MINNEAPOLIS MN 55411 | LAURIE J DICK | RESIDENTIAL | $217,000 | 138 ft |
| 1407 OLIVER AVE N MINNEAPOLIS MN 55411 | FUE KHANG | RESIDENTIAL | $341,000 | 143 ft |
| 1418 PENN AVE N MINNEAPOLIS MN 55411 | MILIKIA WARFIELD | RESIDENTIAL | $198,300 | 153 ft |
| 1411 OLIVER AVE N MINNEAPOLIS MN 55411 | MXML PROPERTIES LLC | RESIDENTIAL | $228,000 | 158 ft |
| 1415 OLIVER AVE N MINNEAPOLIS MN 55411 | C L RAKOB & T STEWART | RESIDENTIAL | $362,000 | 181 ft |
| 1422 PENN AVE N MINNEAPOLIS MN 55411 | R & M MUELLER | RESIDENTIAL | $149,000 | 194 ft |
| 1341 OLIVER AVE N MINNEAPOLIS MN 55411 | MOHAMMED ESHMAWY | RESIDENTIAL-TWO UNIT | $253,900 | 202 ft |
| 1401 PENN AVE N MINNEAPOLIS MN 55411 | GEORGE HOWELL | RESIDENTIAL | $262,800 | 206 ft |
Current Tax Year