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.
3 permits on record since 2018 · $16K total declared value · Most recent: Jun 2022 (misc)
COMPLETE BASEMENT SYSTEMS
Centraire Heating & Air Conditioning LLC
Linn Star Transfer Inc
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 1,706 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3207 15TH AVE S MINNEAPOLIS MN 55407 | CIAN MCDONALD | RESIDENTIAL | $229,700 | 30 ft |
| 3215 15TH AVE S MINNEAPOLIS MN 55407 | JENNIFER L JENKINS | RESIDENTIAL | $212,900 | 45 ft |
| 3201 15TH AVE S MINNEAPOLIS MN 55407 | MIGUEL V LLAPA/ROSA N LLAPA | APARTMENT | $849,000 | 75 ft |
| 3219 15TH AVE S MINNEAPOLIS MN 55407 | L G CROOKS & S R HANSEN | RESIDENTIAL | $257,900 | 91 ft |
| 1513 32ND ST E MINNEAPOLIS MN 55407 | BRIAN NOY & EVA NOY | RESIDENTIAL-TWO UNIT | $259,700 | 123 ft |
| 3225 15TH AVE S MINNEAPOLIS MN 55407 | P CIERNIA & B HYNES CIERNIA | RESIDENTIAL | $279,800 | 126 ft |
| 3206 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | NORTH HILL PARTNERS INC | COMMERCIAL-PREFERRED | $663,000 | 138 ft |
| 3227 15TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $159,000 | 161 ft |
| 3218 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | EQUITRON HOLDINGS LLC | COMMERCIAL-PREFERRED | $394,000 | 169 ft |
| 3200 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | WILLIAM KLEIN | APARTMENT | $627,000 | 176 ft |
Most Recent Sale
Current Tax Year