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.
3 permits on record since 2021 · $52K total declared value · Most recent: Jan 2024 (remodel)
Prchal Design & Build LLC
Pine City Roofing LLC
Pine City Roofing 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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 8,333 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3127 15TH AVE S MINNEAPOLIS MN 55407 | PRABHDEEP KEHAL TRUST | RESIDENTIAL | $326,500 | 77 ft |
| 3113 15TH AVE S MINNEAPOLIS MN 55407 | YER & CHAO VANG | RESIDENTIAL | $287,000 | 78 ft |
| 3131 15TH AVE S MINNEAPOLIS MN 55407 | F C QUIZHPILEMA/M E J GRANDA | RESIDENTIAL | $241,300 | 125 ft |
| 3109 15TH AVE S MINNEAPOLIS MN 55407 | LARRY CHARLES STOWES | RESIDENTIAL | $339,900 | 126 ft |
| 3118 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JERRY MOUA & SOULITA HER | RESIDENTIAL-TWO UNIT | $331,500 | 137 ft |
| 3120 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RAJPATTIE SEEPERSAUD | RESIDENTIAL | $277,000 | 139 ft |
| 3116 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MICHAEL W MATTOCK RV TR ETAL | RESIDENTIAL-TWO UNIT | $308,300 | 144 ft |
| 3128 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | R S LENT & T L LENT | RESIDENTIAL | $221,200 | 156 ft |
| 3110 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MANUEL S MARCATOMA | RESIDENTIAL | $327,000 | 158 ft |
| 3130 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | R R & J S NAYLOR | RESIDENTIAL | $262,100 | 179 ft |
Most Recent Sale
Current Tax Year