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.
4 permits on record since 2017 · $42K total declared value · Most recent: May 2026 (existres)
MAJESTIC CUSTOM HEATING & AIR CONDITIONING
NEW LIFE CONTRACTING INC
NEW LIFE CONTRACTING INC
CHAMPION PLUMBING LLC
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 85
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 small multifamily (2–4 units, wood frame) benchmarks for 2,636 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3113 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ESSO PROPERTIES LLC | LOW INCOME RENTAL | $268,100 | 42 ft |
| 3121 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | J S WADERICH & K E WADERICH | RESIDENTIAL | $322,700 | 42 ft |
| 3109 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | HELLEN FERGUSON | RESIDENTIAL | $204,300 | 84 ft |
| 3125 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ROBERT ARNDT | RESIDENTIAL | $543,000 | 84 ft |
| 3105 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | L&M INVESTMENTS GROUP LLC | COMMERCIAL-PREFERRED | $276,000 | 126 ft |
| 3129 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MERINDA DAWN ARCOREN | RESIDENTIAL | $382,000 | 126 ft |
| 3116 16TH AVE S MINNEAPOLIS MN 55407 | K M JOHNSON & T H JOHNSON | RESIDENTIAL | $271,000 | 136 ft |
| 3120 16TH AVE S MINNEAPOLIS MN 55407 | T M RICHIE & D J RICHIE | RESIDENTIAL | $237,100 | 142 ft |
| 3112 16TH AVE S MINNEAPOLIS MN 55407 | KATHERYN PARAL & BRYAN MAY | RESIDENTIAL | $272,100 | 142 ft |
| 3126 16TH AVE S MINNEAPOLIS MN 55407 | PRINCEWORKS LLC | RESIDENTIAL-TWO UNIT | $137,100 | 160 ft |
Most Recent Sale
Current Tax Year