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 ↗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.
3 permits on record since 2019 · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
LODDERY PLUMBING LLC
Airic's Heating & Air Conditioning Inc
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 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 2,633 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3144 16TH AVE S MINNEAPOLIS MN 55407 | DARRELL E JOHNSON | RESIDENTIAL | $254,800 | 42 ft |
| 3136 16TH AVE S MINNEAPOLIS MN 55407 | THOMAS VANCE | RESIDENTIAL | $298,800 | 42 ft |
| 3132 16TH AVE S MINNEAPOLIS MN 55407 | SHARI G ARONSON | RESIDENTIAL | $238,100 | 84 ft |
| 3148 16TH AVE S MINNEAPOLIS MN 55407 | ANNA M REVOLINSKI | RESIDENTIAL | $438,700 | 100 ft |
| 3128 16TH AVE S MINNEAPOLIS MN 55407 | DUQUEIRO DE JS CANO | RESIDENTIAL-TWO UNIT | $272,000 | 126 ft |
| 1536 32ND ST E MINNEAPOLIS MN 55407 | KYLE L BOYES | RESIDENTIAL | $268,200 | 131 ft |
| 3143 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | C M JUUL & S M SCOTLAND | RESIDENTIAL | $306,500 | 136 ft |
| 3145 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BANKEN HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $326,900 | 142 ft |
| 3137 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BLIA P VANG | RESIDENTIAL | $261,000 | 143 ft |
| 3149 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | WILLIAM SHELDON CLARK | VACANT LAND-RESIDENTIAL | $35,000 | 159 ft |
Most Recent Sale
Current Tax Year