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 ↗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 2020 · Most recent: May 2024 (existres)
Home Energy Center Inc
Warners Stellian Co Inc
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 2,641 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3234 15TH AVE S MINNEAPOLIS MN 55407 | STEPHANIE K ABEL TRUST | RESIDENTIAL | $217,700 | 38 ft |
| 3242 15TH AVE S MINNEAPOLIS MN 55407 | RICHARD D MCCHESNEY JR | RESIDENTIAL | $224,700 | 40 ft |
| 3230 15TH AVE S MINNEAPOLIS MN 55407 | JAINA PETROVICH | RESIDENTIAL | $294,300 | 73 ft |
| 3248 15TH AVE S MINNEAPOLIS MN 55407 | A VARGHESE & M E MAC | TRIPLEX | $543,000 | 85 ft |
| 3226 15TH AVE S MINNEAPOLIS MN 55407 | MARTA L KNUTSON | RESIDENTIAL | $314,900 | 113 ft |
| 3250 15TH AVE S MINNEAPOLIS MN 55407 | HEIDI M EHALT | RESIDENTIAL-TWO UNIT | $357,300 | 130 ft |
| 3237 14TH AVE S MINNEAPOLIS MN 55407 | SHANNE M & VERLAIN SOULIER | RESIDENTIAL | $323,000 | 139 ft |
| 3235 14TH AVE S MINNEAPOLIS MN 55407 | R D GRAMS & V R SOULIER | RESIDENTIAL | $338,900 | 146 ft |
| 3247 14TH AVE S MINNEAPOLIS MN 55407 | SHARON F ALBERS | RESIDENTIAL | $359,700 | 151 ft |
| 3222 15TH AVE S MINNEAPOLIS MN 55407 | STEVEN HENRY LACY | TRIPLEX | $468,900 | 158 ft |
Most Recent Sale
Current Tax Year