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.
1 permit on record since 2022 · Most recent: Apr 2022 (res)
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 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 4,390 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3229 14TH AVE S MINNEAPOLIS MN 55407 | KIMBERLEY A KURTH | RESIDENTIAL | $179,500 | 45 ft |
| 3217 14TH AVE S MINNEAPOLIS MN 55407 | PETER J SPILDE | APARTMENT | $586,000 | 65 ft |
| 3231 14TH AVE S MINNEAPOLIS MN 55407 | GRETA H MCLAIN | RESIDENTIAL-TWO UNIT | $242,300 | 75 ft |
| 3235 14TH AVE S MINNEAPOLIS MN 55407 | R D GRAMS & V R SOULIER | RESIDENTIAL | $338,900 | 109 ft |
| 3211 14TH AVE S MINNEAPOLIS MN 55407 | K A SULLIVAN & M H AMBROE | RESIDENTIAL | $368,200 | 120 ft |
| 3222 15TH AVE S MINNEAPOLIS MN 55407 | STEVEN HENRY LACY | TRIPLEX | $468,900 | 139 ft |
| 3226 15TH AVE S MINNEAPOLIS MN 55407 | MARTA L KNUTSON | RESIDENTIAL | $314,900 | 145 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | MARY SOUDER | CONDOMINIUM | $167,000 | 151 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | STEPHANIE SCHMIDT | CONDOMINIUM | $170,000 | 151 ft |
| 3216 15TH AVE S MINNEAPOLIS MN 55407 | RSN DOUGLAS TRUST | CONDOMINIUM | $170,000 | 151 ft |
Most Recent Sale
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