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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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.
1 permit on record since 2023 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Powderhorn Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1086
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 1,254 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3111 18TH AVE S MINNEAPOLIS MN 55407 | EMILY G JACOBSEN & W W HENTZ | VACANT LAND-RESIDENTIAL | $13,000 | 25 ft |
| 3115 18TH AVE S MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL | $165,400 | 25 ft |
| 3109 18TH AVE S MINNEAPOLIS MN 55407 | WILLIAM B GORMAN | RESIDENTIAL | $227,900 | 50 ft |
| 3117 18TH AVE S MINNEAPOLIS MN 55407 | ELIZABETH DOMINGUEZ NIETO | RESIDENTIAL | $140,000 | 62 ft |
| 3107 18TH AVE S MINNEAPOLIS MN 55407 | SARAH E ERTRESVAAG | RESIDENTIAL-TWO UNIT | $249,500 | 75 ft |
| 3123 18TH AVE S MINNEAPOLIS MN 55407 | THOMAS N PHUNG | RESIDENTIAL | $227,400 | 113 ft |
| 3105 18TH AVE S MINNEAPOLIS MN 55407 | FERNANDO A PINTOR-SANCHEZ | RESIDENTIAL | $242,100 | 115 ft |
| 1811 31ST ST E MINNEAPOLIS MN 55407 | GREGORY BOSMA/CYNTHIA BOSMA | RESIDENTIAL-TWO UNIT | $276,400 | 132 ft |
| 3114 CEDAR AVE S MINNEAPOLIS MN 55407 | O E L SERNA & J A GAINES | RESIDENTIAL-TWO UNIT | $335,700 | 135 ft |
| 3112 CEDAR AVE S MINNEAPOLIS MN 55407 | LEAF FUNMAKER | RESIDENTIAL-TWO UNIT | $303,200 | 139 ft |
Most Recent Sale
Current Tax Year