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.
4 permits on record since 2022 · Most recent: Apr 2022 (res)
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
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 3,064 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3153 14TH AVE S MINNEAPOLIS MN 55407 | E WEISS & R JOHNSON | RESIDENTIAL | $282,900 | 38 ft |
| 3145 14TH AVE S MINNEAPOLIS MN 55407 | D S SCHMIT/T A MILLER | RESIDENTIAL | $233,400 | 45 ft |
| 3155 14TH AVE S MINNEAPOLIS MN 55407 | E N KOCH & M S KOCH | RESIDENTIAL | $303,400 | 70 ft |
| 3141 14TH AVE S MINNEAPOLIS MN 55407 | V L AUMANN & C L WILLIS | RESIDENTIAL | $197,700 | 82 ft |
| 1410 32ND ST E MINNEAPOLIS MN 55407 | R M U VANDERVORSTE ET AL | RESIDENTIAL-TWO UNIT | $297,600 | 93 ft |
| 3159 14TH AVE S MINNEAPOLIS MN 55407 | SYLVIA MONDANE | RESIDENTIAL | $262,000 | 99 ft |
| 3137 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 112 ft |
| 3148 15TH AVE S MINNEAPOLIS MN 55407 | RICHARD L & ELAINE G PEARSON | LOW INCOME RENTAL | $233,900 | 139 ft |
| 3146 15TH AVE S MINNEAPOLIS MN 55407 | HOME PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $260,500 | 141 ft |
| 3142 15TH AVE S MINNEAPOLIS MN 55407 | DANIEL J KNAPMILLER | RESIDENTIAL | $164,000 | 148 ft |
Most Recent Sale
Current Tax Year