ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
7 permits on record since 2020 · $28K total declared value · Most recent: Jun 2025 (commercial minor)
Warners Stellian Co Inc
SODERLIN PLUMBING HEATING AND AIR
KAILER CONSTRUCTION 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
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 2,627 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3123 14TH AVE S MINNEAPOLIS MN 55407 | EDISON LOPEZ | APARTMENT | $647,000 | 45 ft |
| 3131 14TH AVE S MINNEAPOLIS MN 55407 | SARAH LORAINE GOODSPEED | RESIDENTIAL | $289,000 | 50 ft |
| 3119 14TH AVE S MINNEAPOLIS MN 55407 | M BRIERLEY & N J BRIERLEY | RESIDENTIAL-TWO UNIT | $453,500 | 85 ft |
| 3137 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 95 ft |
| 3117 14TH AVE S MINNEAPOLIS MN 55407 | GREEN FUTURES LLC | RESIDENTIAL-TWO UNIT | $287,200 | 115 ft |
| 3141 14TH AVE S MINNEAPOLIS MN 55407 | V L AUMANN & C L WILLIS | RESIDENTIAL | $197,700 | 125 ft |
| 3128 15TH AVE S MINNEAPOLIS MN 55407 | ALLISON HOLDHUSEN | RESIDENTIAL | $233,200 | 140 ft |
| 3130 15TH AVE S MINNEAPOLIS MN 55407 | RFC FIELDS LLC | RESIDENTIAL | $153,400 | 145 ft |
| 3113 14TH AVE S MINNEAPOLIS MN 55407 | J E WELCH & M M JUREWICZ | LOW INCOME RENTAL | $375,600 | 155 ft |
| 3136 15TH AVE S MINNEAPOLIS MN 55407 | JEANNE R FERGUSON TRUST | RESIDENTIAL-TWO UNIT | $418,500 | 161 ft |
Most Recent Sale
Current Tax Year