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 2018 · $9K total declared value · Most recent: Apr 2022 (res)
CenterPoint Energy Resource Corp
SODERLIN PLUMBING HEATING AND AIR
RENEWAL BY ANDERSEN 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 sfr / adu benchmarks for 557 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1412 33RD ST E MINNEAPOLIS MN 55407 | MICAH OSTERGARD | RESIDENTIAL-TWO UNIT | $307,200 | 51 ft |
| 3255 14TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY SPRINGER | APARTMENT | $521,000 | 64 ft |
| 3251 14TH AVE S MINNEAPOLIS MN 55407 | POWDERHORN X LLC | APARTMENT | $1,050,000 | 76 ft |
| 3250 15TH AVE S MINNEAPOLIS MN 55407 | HEIDI M EHALT | RESIDENTIAL-TWO UNIT | $357,300 | 106 ft |
| 3254 15TH AVE S MINNEAPOLIS MN 55407 | SETH PRIME & SABRINA PRIME | APARTMENT | $521,000 | 114 ft |
| 3301 14TH AVE S MINNEAPOLIS MN 55407 | LOIS MARTHA RHOMBERG | RESIDENTIAL-TWO UNIT | $335,300 | 114 ft |
| 3247 14TH AVE S MINNEAPOLIS MN 55407 | SHARON F ALBERS | RESIDENTIAL | $359,700 | 129 ft |
| 3248 15TH AVE S MINNEAPOLIS MN 55407 | A VARGHESE & M E MAC | TRIPLEX | $543,000 | 133 ft |
| 3303 14TH AVE S MINNEAPOLIS MN 55407 | LOIS MARTHA RHOMBERG | RESIDENTIAL-TWO UNIT | $280,200 | 142 ft |
| 3300 15TH AVE S MINNEAPOLIS MN 55407 | J R BROCKWAY & B J BROCKWAY | RESIDENTIAL | $228,100 | 146 ft |
Most Recent Sale
Current Tax Year