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.
3 permits on record since 2022 · $15K total declared value · Most recent: May 2024 (misc)
True North Builds LLC
CenterPoint Energy Resource Corp
Urban Pine Plumbing and Mechanical 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 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 2,792 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3019 18TH AVE S MINNEAPOLIS MN 55407 | RICARDO PALMA | RESIDENTIAL | $247,000 | 36 ft |
| 3013 18TH AVE S MINNEAPOLIS MN 55407 | MARY R GAYTAN/MIGUEL GAYTAN | RESIDENTIAL | $222,800 | 43 ft |
| 3021 18TH AVE S MINNEAPOLIS MN 55407 | RAFAEL G ROBLES | RESIDENTIAL-TWO UNIT | $240,800 | 73 ft |
| 3023 18TH AVE S MINNEAPOLIS MN 55407 | MOHAMUD OSMAN YAHYA | RESIDENTIAL | $433,700 | 117 ft |
| 1807 LAKE ST E MINNEAPOLIS MN 55407 | CHUNG K DANG | RESIDENTIAL-TWO UNIT | $770,000 | 125 ft |
| 1805 LAKE ST E MINNEAPOLIS MN 55407 | MOS REAL ESTATE LLC | COMMERCIAL-PREFERRED | $127,000 | 128 ft |
| 1809 LAKE ST E MINNEAPOLIS MN 55407 | MOS REAL ESTATE LLC | LAND-COMMERCIAL | $45,600 | 133 ft |
| 3016 CEDAR AVE S MINNEAPOLIS MN 55407 | JDR PROPS 3016 JD LLC ET AL | LOW INCOME RENTAL | $2,588,000 | 137 ft |
| 3008 CEDAR AVE S MINNEAPOLIS MN 55407 | MOS REAL ESTATE LLC | LAND-COMMERCIAL | $60,900 | 157 ft |
| 3029 18TH AVE S MINNEAPOLIS MN 55407 | UCOZYHOME LLC | RESIDENTIAL-TWO UNIT | $262,100 | 162 ft |
Most Recent Sale
Current Tax Year