ParcelLens
Property Intelligence · Twin Cities
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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.
6 permits on record since 2021 · $11.4M total declared value · Most recent: Jul 2022 (remodel)
TRUNORTH SOLAR
Major Mechanical Inc
Budget Plumbing Corp
Major Mechanical Inc
FLANNERY CONSTRUCTION
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 22,568 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1527 LAKE ST E MINNEAPOLIS MN 55407 | TFP HOLDING CO | COMMERCIAL-PREFERRED | $1,107,000 | 168 ft |
| 1527 LAKE ST E MINNEAPOLIS MN 55407 | TFP HOLDING CO | COMMERCIAL-PREFERRED | $0 | 168 ft |
| MN | Unknown | — | — | 168 ft |
| 3029 16TH AVE S MINNEAPOLIS MN 55407 | MARTHA CELINA ACOSTA JUAREZ | RESIDENTIAL | $157,000 | 180 ft |
| 3025 16TH AVE S MINNEAPOLIS MN 55407 | ERNESTINE KEMP | RESIDENTIAL | $311,000 | 180 ft |
| 3044 16TH AVE S MINNEAPOLIS MN 55407 | GRACE M BIRNSTENGEL | RESIDENTIAL | $294,200 | 184 ft |
| 3041 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | TCC BLOOM LAKE ONE LLC | LAND-COMMERCIAL | $19,200 | 184 ft |
| 3033 16TH AVE S MINNEAPOLIS MN 55407 | BILL HART | RESIDENTIAL | $242,600 | 189 ft |
| 3021 16TH AVE S MINNEAPOLIS MN 55407 | THAI VANG & PHOUA CHANG | RESIDENTIAL | $163,100 | 190 ft |
| 3037 16TH AVE S MINNEAPOLIS MN 55407 | HEATHER HINRICHSEN | RESIDENTIAL | $257,900 | 206 ft |
Current Tax Year