ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2008 · $60K total declared value · Most recent: Dec 2008 (building re-inspection)
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,544 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 709 OLIVER AVE N MINNEAPOLIS MN 55411 | EPHESIANS LLC | RESIDENTIAL-TWO UNIT | $278,400 | 53 ft |
| 723 OLIVER AVE N MINNEAPOLIS MN 55411 | ANTOINETTE Q SIMMS | RESIDENTIAL-TWO UNIT | $303,400 | 63 ft |
| 707 OLIVER AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 94 ft |
| 727 OLIVER AVE N MINNEAPOLIS MN 55411 | L H SOLIS & V GUZMAN | RESIDENTIAL-TWO UNIT | $338,300 | 116 ft |
| 718 PENN AVE N MINNEAPOLIS MN 55411 | MONICA CAMPUZANO NAVARRETE | RESIDENTIAL | $159,600 | 139 ft |
| 710 PENN AVE N MINNEAPOLIS MN 55411 | MONICA CAMPUZANO NAVARRETE | VACANT LAND-RESIDENTIAL | $17,000 | 144 ft |
| 701 OLIVER AVE N MINNEAPOLIS MN 55411 | YEE LEE/PAO KHANG | RESIDENTIAL | $283,000 | 147 ft |
| 722 PENN AVE N MINNEAPOLIS MN 55411 | PATRICK ANTONIE | RESIDENTIAL | $279,000 | 156 ft |
| 704 PENN AVE N MINNEAPOLIS MN 55411 | BASHIR A MOGHUL | RESIDENTIAL-TWO UNIT | $216,800 | 167 ft |
| 726 PENN AVE N MINNEAPOLIS MN 55411 | K B-HANISH & J L B-HANISH | RESIDENTIAL | $283,000 | 179 ft |
Most Recent Sale
Current Tax Year