ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2024 · Most recent: Sep 2024 (existres)
Modern Home Services 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 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 small multifamily (2–4 units, wood frame) benchmarks for 2,462 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3329 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | AARON KIDD & ELEN RHOADES | RESIDENTIAL | $236,700 | 40 ft |
| 3321 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JEFFREY EASTER | RESIDENTIAL | $280,900 | 40 ft |
| 3333 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | KATHERINE GRUNDL | RESIDENTIAL | $290,500 | 80 ft |
| 3317 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | P C CONWAY & N B DUFFY | RESIDENTIAL | $251,000 | 80 ft |
| 3337 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | QUIET COVE LLC | RESIDENTIAL | $228,400 | 120 ft |
| 3313 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RYAN M HANZAL ET AL | RESIDENTIAL | $302,300 | 120 ft |
| 3326 16TH AVE S MINNEAPOLIS MN 55407 | P RUHLAND & T BETELAK | RESIDENTIAL | $336,000 | 136 ft |
| 3320 16TH AVE S MINNEAPOLIS MN 55407 | L ZARAGOZA & L W GOETZKE | RESIDENTIAL | $311,700 | 141 ft |
| 3328 16TH AVE S MINNEAPOLIS MN 55407 | C D D GRADOS/M M A DE GRADOS | RESIDENTIAL | $395,100 | 142 ft |
| 3316 16TH AVE S MINNEAPOLIS MN 55407 | BRIAN JAMES HOLTEMEYER ET AL | RESIDENTIAL | $232,900 | 157 ft |
Most Recent Sale
Current Tax Year