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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 27
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Residential Mixed-Use 1 — low-density mixed residential
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 5,082 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1623 PENN AVE N MINNEAPOLIS MN 55411 | JOHN S & JULIE K FLINGAI | RESIDENTIAL | $292,000 | 56 ft |
| 1637 PENN AVE N MINNEAPOLIS MN 55411 | DARRILL B BERRY | RESIDENTIAL | $304,000 | 66 ft |
| 1619 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LD TRUST | — | $260,000 | 104 ft |
| 1639 PENN AVE N MINNEAPOLIS MN 55411 | JAMAL A GUY | RESIDENTIAL | $281,000 | 127 ft |
| 1613 PENN AVE N MINNEAPOLIS MN 55411 | ANTHONY CHARLES GONZALEZ | RESIDENTIAL | $339,000 | 154 ft |
| 1647 PENN AVE N MINNEAPOLIS MN 55411 | MELVIN HENDERSON | RESIDENTIAL-TWO UNIT | $341,500 | 174 ft |
| 1626 PENN AVE N MINNEAPOLIS MN 55411 | MAI KOU YANG | RESIDENTIAL-TWO UNIT | $264,800 | 192 ft |
| 1626 QUEEN AVE N MINNEAPOLIS MN 55411 | MINNEAPOLIS PARK BOARD | COMMERCIAL-PREFERRED | $0 | 193 ft |
| 1620 PENN AVE N MINNEAPOLIS MN 55411 | J GUTHRUE & A C GUTHRIE | RESIDENTIAL | $443,000 | 198 ft |
| 1611 PENN AVE N MINNEAPOLIS MN 55411 | PETER M KOENIG | RESIDENTIAL | $256,000 | 204 ft |
Most Recent Sale
Current Tax Year