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.
2 permits on record since 2022 · Most recent: Apr 2022 (res)
CenterPoint Energy Resource Corp
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
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 2,232 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3250 15TH AVE S MINNEAPOLIS MN 55407 | HEIDI M EHALT | RESIDENTIAL-TWO UNIT | $357,300 | 55 ft |
| 1412 33RD ST E MINNEAPOLIS MN 55407 | MICAH OSTERGARD | RESIDENTIAL-TWO UNIT | $307,200 | 64 ft |
| 3248 15TH AVE S MINNEAPOLIS MN 55407 | A VARGHESE & M E MAC | TRIPLEX | $543,000 | 98 ft |
| 3300 15TH AVE S MINNEAPOLIS MN 55407 | J R BROCKWAY & B J BROCKWAY | RESIDENTIAL | $228,100 | 112 ft |
| 1410 33RD ST E MINNEAPOLIS MN 55407 | EVE SCHULTE & SAMUEL FEIPEL | RESIDENTIAL | $228,200 | 114 ft |
| 3242 15TH AVE S MINNEAPOLIS MN 55407 | RICHARD D MCCHESNEY JR | RESIDENTIAL | $224,700 | 142 ft |
| 3304 15TH AVE S MINNEAPOLIS MN 55407 | JAMES A LINNEBERG | RESIDENTIAL | $167,500 | 144 ft |
| 3255 15TH AVE S MINNEAPOLIS MN 55407 | SARAH BENSON | TRIPLEX | $493,300 | 166 ft |
| 3306 15TH AVE S MINNEAPOLIS MN 55407 | DANIEL J WITUCKI | RESIDENTIAL-TWO UNIT | $248,000 | 169 ft |
| 3251 14TH AVE S MINNEAPOLIS MN 55407 | POWDERHORN X LLC | APARTMENT | $1,050,000 | 171 ft |
Most Recent Sale
Current Tax Year