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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2008 · $112K total declared value · Most recent: Feb 2024 (misc)
Joseph Jackson
Centraire Heating & Air Conditioning LLC
Centraire Heating & Air Conditioning LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 33
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density 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 small multifamily (2–4 units, wood frame) benchmarks for 2,578 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1227 OLIVER AVE N MINNEAPOLIS MN 55411 | ANNA HYATT | RESIDENTIAL | $146,700 | 40 ft |
| 1223 OLIVER AVE N MINNEAPOLIS MN 55411 | ERIC S MATTHEWS | RESIDENTIAL | $251,000 | 80 ft |
| 1219 OLIVER AVE N MINNEAPOLIS MN 55411 | PAUL HOFRENNING | RESIDENTIAL | $188,000 | 120 ft |
| 1230 PENN AVE N MINNEAPOLIS MN 55411 | M E BROOKS & L D BROOKS TR | RESIDENTIAL | $219,100 | 138 ft |
| 1226 PENN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 143 ft |
| 1234 PENN AVE N MINNEAPOLIS MN 55411 | DALEHA PATTERSON | RESIDENTIAL-TWO UNIT | $276,200 | 145 ft |
| 1222 PENN AVE N MINNEAPOLIS MN 55411 | HAMID D REGHABI | RESIDENTIAL | $144,000 | 160 ft |
| 1215 OLIVER AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 161 ft |
| 1242 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 166 ft |
| MN | Unknown | — | — | 182 ft |
Most Recent Sale
Current Tax Year