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.
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 4,400 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3206 15TH AVE S MINNEAPOLIS MN 55407 | JOHN PETER EVEREST | RESIDENTIAL-TWO UNIT | $375,800 | 53 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | MARY SOUDER | CONDOMINIUM | $167,000 | 61 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | STEPHANIE SCHMIDT | CONDOMINIUM | $170,000 | 61 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | RSN DOUGLAS TRUST | CONDOMINIUM | $170,000 | 61 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | SYLVIA THOMAS | CONDOMINIUM | $162,000 | 61 ft |
| MN | Unknown | — | — | 61 ft |
| 3200 15TH AVE S MINNEAPOLIS MN 55407 | B B A RIVAS/N O O NARVAEZ | TRIPLEX | $378,600 | 98 ft |
| 3222 15TH AVE S MINNEAPOLIS MN 55407 | STEVEN HENRY LACY | TRIPLEX | $468,900 | 113 ft |
| 3211 14TH AVE S MINNEAPOLIS MN 55407 | K A SULLIVAN & M H AMBROE | RESIDENTIAL | $368,200 | 139 ft |
| 3207 14TH AVE S MINNEAPOLIS MN 55407 | WILLIAM R & SARAH J NOREEN | RESIDENTIAL | $283,400 | 146 ft |
Most Recent Sale
Current Tax Year