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 2019 · $29K total declared value · Most recent: Mar 2025 (existres)
BURNOMATIC
Total HVAC Solutions LLC
American Roofing & Siding
CenterPoint Energy Resource Corp
MERIDIAN PROPERTIES 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
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3108 14TH AVE S MINNEAPOLIS MN 55407 | CHARLES TYLER HATCH | RESIDENTIAL-TWO UNIT | $285,100 | 35 ft |
| 3104 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 70 ft |
| 1324 POWDERHORN TER MINNEAPOLIS MN 55407 | MARGOT A BASSETT SILVER | RESIDENTIAL | $314,800 | 100 ft |
| 3100 14TH AVE S MINNEAPOLIS MN 55407 | JULIO V LAZO | RESIDENTIAL | $261,000 | 105 ft |
| 1308 POWDERHORN TER MINNEAPOLIS MN 55407 | POWDERHORN TERRACE EAST LLC | APARTMENT | $4,175,000 | 106 ft |
| 3115 13TH AVE S MINNEAPOLIS MN 55407 | ROSA GEORGINA LEMA SIBRE | RESIDENTIAL | $248,700 | 138 ft |
| 3111 13TH AVE S MINNEAPOLIS MN 55407 | JODI VERSAW | RESIDENTIAL | $274,000 | 142 ft |
| 3105 13TH AVE S MINNEAPOLIS MN 55407 | WANDA L HOLMBOE | RESIDENTIAL | $240,400 | 154 ft |
| 3101 13TH AVE S MINNEAPOLIS MN 55407 | JORGE ROMERO | RESIDENTIAL | $206,000 | 173 ft |
| 3113 14TH AVE S MINNEAPOLIS MN 55407 | J E WELCH & M M JUREWICZ | LOW INCOME RENTAL | $375,600 | 191 ft |
Most Recent Sale
Current Tax Year