ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
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 4,388 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3247 14TH AVE S MINNEAPOLIS MN 55407 | SHARON F ALBERS | RESIDENTIAL | $359,700 | 60 ft |
| 3255 14TH AVE S MINNEAPOLIS MN 55407 | TIMOTHY SPRINGER | APARTMENT | $521,000 | 63 ft |
| 1410 33RD ST E MINNEAPOLIS MN 55407 | EVE SCHULTE & SAMUEL FEIPEL | RESIDENTIAL | $228,200 | 76 ft |
| 1412 33RD ST E MINNEAPOLIS MN 55407 | MICAH OSTERGARD | RESIDENTIAL-TWO UNIT | $307,200 | 114 ft |
| 3237 14TH AVE S MINNEAPOLIS MN 55407 | SHANNE M & VERLAIN SOULIER | RESIDENTIAL | $323,000 | 116 ft |
| 3250 15TH AVE S MINNEAPOLIS MN 55407 | HEIDI M EHALT | RESIDENTIAL-TWO UNIT | $357,300 | 140 ft |
| 3248 15TH AVE S MINNEAPOLIS MN 55407 | A VARGHESE & M E MAC | TRIPLEX | $543,000 | 143 ft |
| 3242 15TH AVE S MINNEAPOLIS MN 55407 | RICHARD D MCCHESNEY JR | RESIDENTIAL | $224,700 | 159 ft |
| 3235 14TH AVE S MINNEAPOLIS MN 55407 | R D GRAMS & V R SOULIER | RESIDENTIAL | $338,900 | 162 ft |
| 3301 14TH AVE S MINNEAPOLIS MN 55407 | LOIS MARTHA RHOMBERG | RESIDENTIAL-TWO UNIT | $335,300 | 165 ft |
Most Recent Sale
Current Tax Year