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.
9 permits on record since 2019 · $53K total declared value · Most recent: Aug 2025 (existres)
Standard Heating and Air Conditioning Inc
Warners Stellian Co Inc
CenterPoint Energy Resource Corp
COLLEGE CITY DESIGN BUILD INC
WENZEL HEATING AND AIR CONDITIONING
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 2,470 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3329 16TH AVE S MINNEAPOLIS MN 55407 | MARLA MARSHALL | RESIDENTIAL | $291,000 | 40 ft |
| 3321 16TH AVE S MINNEAPOLIS MN 55407 | TARA L FAHEY | RESIDENTIAL | $218,300 | 40 ft |
| 3333 16TH AVE S MINNEAPOLIS MN 55407 | JOSEPH DECONCINI | RESIDENTIAL-TWO UNIT | $315,600 | 80 ft |
| 3317 16TH AVE S MINNEAPOLIS MN 55407 | ERIC PAUL GUSTIN | RESIDENTIAL | $285,400 | 80 ft |
| 3315 16TH AVE S MINNEAPOLIS MN 55407 | C E RUD & P M RUD TRUST | RESIDENTIAL | $301,100 | 121 ft |
| 3337 16TH AVE S MINNEAPOLIS MN 55407 | J FRATZKE AND E CIESLUK | RESIDENTIAL | $338,300 | 130 ft |
| 3324 17TH AVE S MINNEAPOLIS MN 55407 | BORIANA STOYTCHEVA PETROVA | RESIDENTIAL | $417,000 | 136 ft |
| 3320 17TH AVE S MINNEAPOLIS MN 55407 | T J FROVIK/P L GUSTAFSON L T | RESIDENTIAL | $215,800 | 141 ft |
| 3328 17TH AVE S MINNEAPOLIS MN 55407 | ROSEMARIE GAIL KEITH | RESIDENTIAL | $198,800 | 142 ft |
| 3316 17TH AVE S MINNEAPOLIS MN 55407 | CITY LAKES COMM LAND TRUST | — | $162,900 | 158 ft |
Most Recent Sale
Current Tax Year