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.
1 permit on record since 2000 · $210K total declared value · Most recent: Mar 2000 (binb)
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 2,867 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3048 14TH AVE S MINNEAPOLIS MN 55407 | ERICK LEE | RESIDENTIAL-TWO UNIT | $317,600 | 44 ft |
| 3056 14TH AVE S MINNEAPOLIS MN 55407 | LEONARDO GUTIERREZ MILLAN | RESIDENTIAL | $293,200 | 45 ft |
| 3044 14TH AVE S MINNEAPOLIS MN 55407 | JINNING QI | RESIDENTIAL-TWO UNIT | $259,400 | 88 ft |
| 3040 14TH AVE S MINNEAPOLIS MN 55407 | EMMA C STORMSEN | RESIDENTIAL | $263,600 | 132 ft |
| 3100 14TH AVE S MINNEAPOLIS MN 55407 | JULIO V LAZO | RESIDENTIAL | $261,000 | 145 ft |
| 3104 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 180 ft |
| 3032 14TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY S SPRINGER | APARTMENT | $374,000 | 182 ft |
| 3053 14TH AVE S MINNEAPOLIS MN 55407 | VU PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $283,500 | 192 ft |
| 3057 14TH AVE S MINNEAPOLIS MN 55407 | MN ASSIST COUNCIL/VETERANS | APARTMENT | $0 | 196 ft |
| 3047 14TH AVE S MINNEAPOLIS MN 55407 | AISHA UPTON AZZAM/A T AZZAM | RESIDENTIAL | $252,400 | 197 ft |
Most Recent Sale
Current Tax Year