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.
2 permits on record since 2020 · $20K total declared value · Most recent: Nov 2023 (misc)
A STEP BEYOND BLDG AND RMDLG
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 12,284 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3128 15TH AVE S MINNEAPOLIS MN 55407 | ALLISON HOLDHUSEN | RESIDENTIAL | $233,200 | 90 ft |
| 3108 15TH AVE S MINNEAPOLIS MN 55407 | PN21 LLC | APARTMENT | $837,000 | 113 ft |
| 3130 15TH AVE S MINNEAPOLIS MN 55407 | RFC FIELDS LLC | RESIDENTIAL | $153,400 | 125 ft |
| 3119 14TH AVE S MINNEAPOLIS MN 55407 | M BRIERLEY & N J BRIERLEY | RESIDENTIAL-TWO UNIT | $453,500 | 139 ft |
| 3117 14TH AVE S MINNEAPOLIS MN 55407 | GREEN FUTURES LLC | RESIDENTIAL-TWO UNIT | $287,200 | 143 ft |
| 3123 14TH AVE S MINNEAPOLIS MN 55407 | EDISON LOPEZ | APARTMENT | $647,000 | 145 ft |
| 3113 14TH AVE S MINNEAPOLIS MN 55407 | J E WELCH & M M JUREWICZ | LOW INCOME RENTAL | $375,600 | 156 ft |
| 3127 14TH AVE S MINNEAPOLIS MN 55407 | LA CASITA DE POWDERHORN LLC | TRIPLEX | $344,100 | 163 ft |
| 3136 15TH AVE S MINNEAPOLIS MN 55407 | JEANNE R FERGUSON TRUST | RESIDENTIAL-TWO UNIT | $418,500 | 165 ft |
| 3100 15TH AVE S MINNEAPOLIS MN 55407 | MAIMOUNA COULIBALY | RESIDENTIAL-TWO UNIT | $291,500 | 173 ft |
Most Recent Sale
Current Tax Year