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.
No permits found in Minneapolis open data for this parcel.
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,413 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3238 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JOAN S WILSON REVOC TRUST | RESIDENTIAL-TWO UNIT | $346,600 | 46 ft |
| 3248 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | L D PAYTON & E W BOYD | RESIDENTIAL-TWO UNIT | $327,900 | 51 ft |
| 3252 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | H LEOPOLD & T DEROSIA | RESIDENTIAL-TWO UNIT | $314,300 | 91 ft |
| 3234 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | M MACKAMAN & B AMELANG | RESIDENTIAL | $221,700 | 94 ft |
| 3254 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | AZURE HOLDINGS LLC | LOW INCOME RENTAL | $1,180,000 | 136 ft |
| 3243 15TH AVE S MINNEAPOLIS MN 55407 | PAUL D REES | RESIDENTIAL | $152,300 | 136 ft |
| 3241 15TH AVE S MINNEAPOLIS MN 55407 | PAUL DAVID REES | RESIDENTIAL | $257,400 | 140 ft |
| 3245 15TH AVE S MINNEAPOLIS MN 55407 | THIEN-BAO PHI | CONDOMINIUM | $201,000 | 143 ft |
| 3245 15TH AVE S MINNEAPOLIS MN 55407 | SUSAN B OAKLEY | CONDOMINIUM | $201,000 | 143 ft |
| 3245 15TH AVE S MINNEAPOLIS MN 55407 | CONSTANCE B LEPRO TRUST | CONDOMINIUM | $197,000 | 143 ft |
Most Recent Sale
Current Tax Year