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.
No permits found in Minneapolis open data for this parcel.
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
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 3,985 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3207 15TH AVE S MINNEAPOLIS MN 55407 | CIAN MCDONALD | RESIDENTIAL | $229,700 | 45 ft |
| 3211 15TH AVE S MINNEAPOLIS MN 55407 | KARA K ROSENBERG | RESIDENTIAL | $267,600 | 75 ft |
| 1513 32ND ST E MINNEAPOLIS MN 55407 | BRIAN NOY & EVA NOY | RESIDENTIAL-TWO UNIT | $259,700 | 98 ft |
| 3159 15TH AVE S MINNEAPOLIS MN 55407 | DYLAN LINET | RESIDENTIAL | $283,500 | 120 ft |
| 3215 15TH AVE S MINNEAPOLIS MN 55407 | JENNIFER L JENKINS | RESIDENTIAL | $212,900 | 120 ft |
| 3200 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | WILLIAM KLEIN | APARTMENT | $627,000 | 160 ft |
| 3219 15TH AVE S MINNEAPOLIS MN 55407 | L G CROOKS & S R HANSEN | RESIDENTIAL | $257,900 | 166 ft |
| 3206 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | NORTH HILL PARTNERS INC | COMMERCIAL-PREFERRED | $663,000 | 166 ft |
| 3153 15TH AVE S MINNEAPOLIS MN 55407 | JANICE DAVIS | RESIDENTIAL | $188,000 | 166 ft |
| 3154 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FORD HOUSE INC | LOW INCOME RENTAL | $1,075,000 | 181 ft |
Most Recent Sale
Current Tax Year