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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2007 · $57K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Premium Residential 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 32
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 3,084 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 715 PENN AVE N MINNEAPOLIS MN 55411 | LARCINA D CHAMPION | RESIDENTIAL | $355,000 | 40 ft |
| 707 PENN AVE N MINNEAPOLIS MN 55411 | R B BARNES & E BARNES | RESIDENTIAL-TWO UNIT | $247,800 | 40 ft |
| 719 PENN AVE N MINNEAPOLIS MN 55411 | ETCHRIVI AGBELESSESSI ET AL | RESIDENTIAL | $276,000 | 80 ft |
| 701 PENN AVE N MINNEAPOLIS MN 55411 | TRAC CAO & MYDUNG CONG | RESIDENTIAL | $166,200 | 80 ft |
| 627 PENN AVE N MINNEAPOLIS MN 55411 | PEDRO FUENTES | VACANT LAND-RESIDENTIAL | $16,000 | 120 ft |
| 723 PENN AVE N MINNEAPOLIS MN 55411 | C GIDDINGS & V L SANCHEZ | RESIDENTIAL | $384,000 | 130 ft |
| 710 QUEEN AVE N MINNEAPOLIS MN 55411 | A LUEDKE & ALICIA BENNETT | RESIDENTIAL | $213,000 | 154 ft |
| 706 QUEEN AVE N MINNEAPOLIS MN 55411 | PLAZA HOLDINGS LLC | RESIDENTIAL | $230,800 | 159 ft |
| 714 QUEEN AVE N MINNEAPOLIS MN 55411 | MARY BETH ENGST | RESIDENTIAL | $189,000 | 159 ft |
| 621 PENN AVE N MINNEAPOLIS MN 55411 | CITY LAKES COMM LAND TRUST | — | $336,000 | 160 ft |
Most Recent Sale
Current Tax Year