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.
2 permits on record since 2020 · $9K total declared value · Most recent: Sep 2024 (misc)
Minnesota Valley Roofing & Restoration 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 1,706 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3241 15TH AVE S MINNEAPOLIS MN 55407 | PAUL DAVID REES | RESIDENTIAL | $257,400 | 30 ft |
| 3245 15TH AVE S MINNEAPOLIS MN 55407 | THIEN-BAO PHI | CONDOMINIUM | $201,000 | 45 ft |
| 3245 15TH AVE S MINNEAPOLIS MN 55407 | SUSAN B OAKLEY | CONDOMINIUM | $201,000 | 45 ft |
| 3245 15TH AVE S MINNEAPOLIS MN 55407 | CONSTANCE B LEPRO TRUST | CONDOMINIUM | $197,000 | 45 ft |
| 3245 15TH AVE S MINNEAPOLIS MN 55407 | NELLIE T B DALEN | CONDOMINIUM | $201,000 | 45 ft |
| MN | Unknown | — | — | 45 ft |
| 3237 15TH AVE S MINNEAPOLIS MN 55407 | JOHN T MOORE | RESIDENTIAL | $90,200 | 81 ft |
| 3237 15TH AVE S MINNEAPOLIS MN 55407 | KELSEY M BROWN | CONDOMINIUM | $90,200 | 81 ft |
| 3237 15TH AVE S MINNEAPOLIS MN 55407 | SUSAN RITTERHOLZ | CONDOMINIUM | $91,200 | 81 ft |
| 3237 15TH AVE S MINNEAPOLIS MN 55407 | JEROD D LOECK | CONDOMINIUM | $90,200 | 81 ft |
Most Recent Sale
Current Tax Year