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 ↗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.
No permits found in Minneapolis open data for this parcel.
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 1,706 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3225 15TH AVE S MINNEAPOLIS MN 55407 | P CIERNIA & B HYNES CIERNIA | RESIDENTIAL | $279,800 | 35 ft |
| 3215 15TH AVE S MINNEAPOLIS MN 55407 | JENNIFER L JENKINS | RESIDENTIAL | $212,900 | 46 ft |
| 3227 15TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $159,000 | 70 ft |
| 3211 15TH AVE S MINNEAPOLIS MN 55407 | KARA K ROSENBERG | RESIDENTIAL | $267,600 | 91 ft |
| 3231 15TH AVE S MINNEAPOLIS MN 55407 | ABDIRAHMAN I HUSSEIN ET AL | RESIDENTIAL | $366,500 | 105 ft |
| 3207 15TH AVE S MINNEAPOLIS MN 55407 | CIAN MCDONALD | RESIDENTIAL | $229,700 | 121 ft |
| 3218 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | EQUITRON HOLDINGS LLC | COMMERCIAL-PREFERRED | $394,000 | 137 ft |
| 3222 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | STEVEN V VEIT | COMMERCIAL-PREFERRED | $393,000 | 144 ft |
| 3206 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | NORTH HILL PARTNERS INC | COMMERCIAL-PREFERRED | $663,000 | 154 ft |
| 3237 15TH AVE S MINNEAPOLIS MN 55407 | JOHN T MOORE | RESIDENTIAL | $90,200 | 161 ft |
Most Recent Sale
Current Tax Year