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.
No permits found in Minneapolis open data for this parcel.
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 2,634 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3133 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ABDULIANI ABDIKARIM MOALIM | APARTMENT | $437,000 | 42 ft |
| 3143 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | C M JUUL & S M SCOTLAND | RESIDENTIAL | $306,500 | 42 ft |
| 3129 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MERINDA DAWN ARCOREN | RESIDENTIAL | $382,000 | 84 ft |
| 3145 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BANKEN HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $326,900 | 84 ft |
| 3149 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | WILLIAM SHELDON CLARK | VACANT LAND-RESIDENTIAL | $35,000 | 125 ft |
| 3125 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ROBERT ARNDT | RESIDENTIAL | $543,000 | 126 ft |
| 3136 16TH AVE S MINNEAPOLIS MN 55407 | THOMAS VANCE | RESIDENTIAL | $298,800 | 136 ft |
| 3132 16TH AVE S MINNEAPOLIS MN 55407 | SHARI G ARONSON | RESIDENTIAL | $238,100 | 142 ft |
| 3140 16TH AVE S MINNEAPOLIS MN 55407 | MADISON AVENUE HOMES LLC | LOW INCOME RENTAL | $330,300 | 143 ft |
| 3144 16TH AVE S MINNEAPOLIS MN 55407 | DARRELL E JOHNSON | RESIDENTIAL | $254,800 | 160 ft |
Most Recent Sale
Current Tax Year