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.
3 permits on record since 2019 · $14K total declared value · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
VL Builders
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 2,632 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3133 16TH AVE S MINNEAPOLIS MN 55407 | N J PINE & S L SVATEK | RESIDENTIAL | $358,300 | 42 ft |
| 3141 16TH AVE S MINNEAPOLIS MN 55407 | LUCY A TOBIN & WIL T BUBLITZ | RESIDENTIAL | $351,800 | 42 ft |
| 3129 16TH AVE S MINNEAPOLIS MN 55407 | BEACON HOMES MANAGEMENT LLC | TRIPLEX | $397,900 | 84 ft |
| 3145 16TH AVE S MINNEAPOLIS MN 55407 | B L PETERSON & H TRAN | RESIDENTIAL | $305,100 | 84 ft |
| 3125 16TH AVE S MINNEAPOLIS MN 55407 | MANUEL D PEREZ/MARIA L PEREZ | RESIDENTIAL-TWO UNIT | $337,300 | 126 ft |
| 3149 16TH AVE S MINNEAPOLIS MN 55407 | J J GRAVES & B M KELLY | RESIDENTIAL | $320,100 | 126 ft |
| 3136 17TH AVE S MINNEAPOLIS MN 55407 | TODD J LARAMY | RESIDENTIAL | $346,300 | 136 ft |
| 3140 17TH AVE S MINNEAPOLIS MN 55407 | MORIAH SMITH | RESIDENTIAL-TWO UNIT | $396,500 | 142 ft |
| 3134 17TH AVE S MINNEAPOLIS MN 55407 | JAMES G OVERSTREET ET AL | RESIDENTIAL-TWO UNIT | $346,500 | 142 ft |
| 3128 17TH AVE S MINNEAPOLIS MN 55407 | BARBARA H DECKER REV TRUST | RESIDENTIAL-TWO UNIT | $446,700 | 160 ft |
Most Recent Sale
Current Tax Year