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 3,342 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3117 18TH AVE S MINNEAPOLIS MN 55407 | ELIZABETH DOMINGUEZ NIETO | RESIDENTIAL | $140,000 | 50 ft |
| 3127 18TH AVE S MINNEAPOLIS MN 55407 | 3127 18TH AVE LLC | RESIDENTIAL-TWO UNIT | $306,000 | 50 ft |
| 3115 18TH AVE S MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL | $165,400 | 88 ft |
| 3131 18TH AVE S MINNEAPOLIS MN 55407 | ARIENNE H MCKEE/JACK MCKEE | RESIDENTIAL | $299,800 | 100 ft |
| 3113 18TH AVE S MINNEAPOLIS MN 55407 | EMILY G JACOBSEN & W W HENTZ | RESIDENTIAL | $235,900 | 113 ft |
| 3122 CEDAR AVE S MINNEAPOLIS MN 55407 | MICAELA COLLAZO HERNANDEZ | RESIDENTIAL | $286,600 | 136 ft |
| 3111 18TH AVE S MINNEAPOLIS MN 55407 | EMILY G JACOBSEN & W W HENTZ | VACANT LAND-RESIDENTIAL | $13,000 | 138 ft |
| 3126 CEDAR AVE S MINNEAPOLIS MN 55407 | T R FRANCO & N M OLALDE | RESIDENTIAL | $302,600 | 145 ft |
| 3135 18TH AVE S MINNEAPOLIS MN 55407 | MICHAEL A TEMPLETON | RESIDENTIAL | $350,900 | 150 ft |
| 3116 CEDAR AVE S MINNEAPOLIS MN 55407 | W H MOLINE & P MOLINE REV TR | RESIDENTIAL-TWO UNIT | $274,300 | 152 ft |
Most Recent Sale
Current Tax Year