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 ↗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 2025 · Most recent: Sep 2025 (res)
Pipe and Water Plumbing LLC
Pipe and Water Plumbing LLC
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 4,112 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3333 16TH AVE S MINNEAPOLIS MN 55407 | JOSEPH DECONCINI | RESIDENTIAL-TWO UNIT | $315,600 | 50 ft |
| 3343 16TH AVE S MINNEAPOLIS MN 55407 | KI 16TH LLC | APARTMENT | $935,000 | 72 ft |
| 3329 16TH AVE S MINNEAPOLIS MN 55407 | MARLA MARSHALL | RESIDENTIAL | $291,000 | 90 ft |
| 1614 34TH ST E MINNEAPOLIS MN 55407 | ANDREW JAMES MEURER | RESIDENTIAL | $247,400 | 129 ft |
| 3325 16TH AVE S MINNEAPOLIS MN 55407 | KAREN KINGSLEY | RESIDENTIAL | $314,600 | 130 ft |
| 3336 17TH AVE S MINNEAPOLIS MN 55407 | J V WOOD & C M GAMM | RESIDENTIAL | $284,400 | 136 ft |
| 3340 17TH AVE S MINNEAPOLIS MN 55407 | STEPHANIE L OYEN | TRIPLEX | $529,800 | 140 ft |
| 3332 17TH AVE S MINNEAPOLIS MN 55407 | DANIEL EDWARD LEBER | TRIPLEX | $314,700 | 144 ft |
| 3328 17TH AVE S MINNEAPOLIS MN 55407 | ROSEMARIE GAIL KEITH | RESIDENTIAL | $198,800 | 162 ft |
| 3321 16TH AVE S MINNEAPOLIS MN 55407 | TARA L FAHEY | RESIDENTIAL | $218,300 | 170 ft |
Most Recent Sale
Current Tax Year