ParcelLens
Property Intelligence · Twin Cities
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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 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 ↗Signals are based on public datasets; program eligibility requires verification.
7 permits on record since 2010 · $112K total declared value · Most recent: Sep 2022 (commercial minor)
New Century Systems, Inc.
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 3 — medium-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 1,674 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1513 32ND ST E MINNEAPOLIS MN 55407 | BRIAN NOY & EVA NOY | RESIDENTIAL-TWO UNIT | $259,700 | 62 ft |
| 3206 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | NORTH HILL PARTNERS INC | COMMERCIAL-PREFERRED | $663,000 | 96 ft |
| 3154 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FORD HOUSE INC | LOW INCOME RENTAL | $1,075,000 | 123 ft |
| 3201 15TH AVE S MINNEAPOLIS MN 55407 | MIGUEL V LLAPA/ROSA N LLAPA | APARTMENT | $849,000 | 160 ft |
| 3207 15TH AVE S MINNEAPOLIS MN 55407 | CIAN MCDONALD | RESIDENTIAL | $229,700 | 166 ft |
| 3148 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | VINCENT J MARANO | RESIDENTIAL | $105,000 | 172 ft |
| 3218 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | EQUITRON HOLDINGS LLC | COMMERCIAL-PREFERRED | $394,000 | 175 ft |
| 3211 15TH AVE S MINNEAPOLIS MN 55407 | KARA K ROSENBERG | RESIDENTIAL | $267,600 | 176 ft |
| 3201 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $427,800 | 182 ft |
| 3205 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $550,000 | 193 ft |
Most Recent Sale
Current Tax Year