ParcelLens
Property Intelligence · Twin Cities
Loading property data…
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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
2 permits on record since 2021 · $6K total declared value · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
BAYPORT ROOFING AND SIDING LLC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,803 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1212 POWDERHORN TER MINNEAPOLIS MN 55407 | POWDERHORN TERRACE WEST LLC | LOW INCOME RENTAL | $1,876,000 | 64 ft |
| 3111 12TH AVE S MINNEAPOLIS MN 55407 | RTNE INC | TRIPLEX | $582,600 | 99 ft |
| 3107 12TH AVE S MINNEAPOLIS MN 55407 | RTNE INC | APARTMENT | $933,000 | 140 ft |
| 1216 POWDERHORN TER MINNEAPOLIS MN 55407 | GEORGE B GRIFFITHS REV TR | CONDOMINIUM | $121,900 | 142 ft |
| 1216 POWDERHORN TER MINNEAPOLIS MN 55407 | JANET M COURT | CONDOMINIUM | $80,600 | 142 ft |
| 1216 POWDERHORN TER MINNEAPOLIS MN 55407 | OLIVIA MCKEE | CONDOMINIUM | $76,800 | 142 ft |
| 1216 POWDERHORN TER MINNEAPOLIS MN 55407 | CLAY L MANEVAL | CONDOMINIUM | $114,200 | 142 ft |
| 1216 POWDERHORN TER MINNEAPOLIS MN 55407 | GWENDOLYN ANNE LAVELLE | CONDOMINIUM | $157,400 | 142 ft |
| 1216 POWDERHORN TER MINNEAPOLIS MN 55407 | PETER METZDORFF | CONDOMINIUM | $110,400 | 142 ft |
| 1216 POWDERHORN TER MINNEAPOLIS MN 55407 | SAIRA MONTES MOORE | CONDOMINIUM | $100,800 | 142 ft |
Most Recent Sale
Current Tax Year