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 ↗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 ↗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.
5 permits on record since 2020 · Most recent: May 2020 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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
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 3,146 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3053 15TH AVE S MINNEAPOLIS MN 55407 | REXIS LLC | APARTMENT | $531,000 | 55 ft |
| 3045 15TH AVE S MINNEAPOLIS MN 55407 | MARGARET J LAMORIE | RESIDENTIAL | $115,000 | 106 ft |
| 3101 15TH AVE S MINNEAPOLIS MN 55407 | N J FLORES INAMAGUA | RESIDENTIAL | $314,600 | 115 ft |
| 3056 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MAAE PROPERTIES LLC | RESIDENTIAL | $646,000 | 136 ft |
| 3058 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S D BILLMEIER & D F ARMENTA | RESIDENTIAL-TWO UNIT | $452,000 | 137 ft |
| 3050 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | DAVID J SCHNABI | LAND-COMMERCIAL | $63,000 | 141 ft |
| 3041 15TH AVE S MINNEAPOLIS MN 55407 | STEPHANY DURAN SANCHEZ | RESIDENTIAL-TWO UNIT | $384,400 | 151 ft |
| 3048 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LUX GROUP LLC | COMMERCIAL-PREFERRED | $415,000 | 153 ft |
| 3046 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | D V P MERCHAN/M S YUQUILIMA | RESIDENTIAL-TWO UNIT | $268,200 | 169 ft |
| 3109 15TH AVE S MINNEAPOLIS MN 55407 | LARRY CHARLES STOWES | RESIDENTIAL | $339,900 | 170 ft |
Most Recent Sale
Current Tax Year