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 2018 · Most recent: Apr 2018 (res)
CenterPoint Energy Resource Corp
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 1,682 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3025 15TH AVE S MINNEAPOLIS MN 55407 | PN17 LLC | RESIDENTIAL-TWO UNIT | $234,900 | 30 ft |
| 3033 15TH AVE S MINNEAPOLIS MN 55407 | S R PEARSON & J E PEARSON | LOW INCOME RENTAL | $602,000 | 45 ft |
| 3021 15TH AVE S MINNEAPOLIS MN 55407 | OCAMPO PLAZA LLC | LAND-COMMERCIAL | $94,500 | 67 ft |
| 3037 15TH AVE S MINNEAPOLIS MN 55407 | SCOTT R & JOAN E PEARSON | VACANT LAND-RESIDENTIAL | $11,000 | 91 ft |
| 3017 15TH AVE S MINNEAPOLIS MN 55407 | OCAMPO PLAZA LLC | LAND-COMMERCIAL | $94,500 | 112 ft |
| 3041 15TH AVE S MINNEAPOLIS MN 55407 | STEPHANY DURAN SANCHEZ | RESIDENTIAL-TWO UNIT | $384,400 | 131 ft |
| 3028 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | SAMUEL PLASCENCIA | LOW INCOME RENTAL | $221,100 | 136 ft |
| 3024 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FILIBERTO ONOFRE | RESIDENTIAL-TWO UNIT | $247,800 | 139 ft |
| 3034 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | — | $244,400 | 146 ft |
| 3013 15TH AVE S MINNEAPOLIS MN 55407 | OCAMPO PLAZA LLC | LAND-COMMERCIAL | $55,700 | 155 ft |
Most Recent Sale
Current Tax Year