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.
7 permits on record since 2019 · $101K total declared value · Most recent: Mar 2026 (res)
BONFES PLUMBING HEATING AND AIR SERVICE INC
True North Roofing LLC
Super Heating and Cooling LLC
Barr Web Industries Inc
Barr Web Industries Inc
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
Lot dimensions are insufficient for the standard setbacks shown.
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 1,439 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3307 15TH AVE S MINNEAPOLIS MN 55407 | RANDOLPH FRANCIS DE LA PENA | RESIDENTIAL | $166,100 | 30 ft |
| 3301 15TH AVE S MINNEAPOLIS MN 55407 | A G IACOVINO & B G ANDERSON | RESIDENTIAL | $220,900 | 30 ft |
| 3311 15TH AVE S MINNEAPOLIS MN 55407 | RENOWN RENOVATIONS LLC | RESIDENTIAL | $161,300 | 60 ft |
| 3313 15TH AVE S MINNEAPOLIS MN 55407 | J D PEARSON & J G SCHMITT TR | RESIDENTIAL | $320,200 | 98 ft |
| 3255 15TH AVE S MINNEAPOLIS MN 55407 | SARAH BENSON | TRIPLEX | $493,300 | 135 ft |
| 3300 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LOWELL PRESCOTT | RESIDENTIAL | $279,000 | 137 ft |
| 3321 15TH AVE S MINNEAPOLIS MN 55407 | M PC FLOOD & G PICK | RESIDENTIAL | $285,500 | 143 ft |
| 3306 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARIA E LALA | RESIDENTIAL-TWO UNIT | $314,000 | 144 ft |
| 3312 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | 3312 GET IT DONE LLC | LOW INCOME RENTAL | $1,054,000 | 173 ft |
| 3253 15TH AVE S MINNEAPOLIS MN 55407 | HADDAYR COPLEY WOODS | RESIDENTIAL | $189,500 | 180 ft |
Most Recent Sale
Current Tax Year