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.
4 permits on record since 2021 · $34K total declared value · Most recent: Apr 2024 (misc)
WALKER ROOFING CO
SUSTAINABLE RESOURCES CENTER INC
Owens Companies Inc
Three Rivers Mechanical 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 2,630 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3225 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | B R NOY & M SCHAFER | RESIDENTIAL-TWO UNIT | $363,200 | 42 ft |
| 3233 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | IAN HANSING | RESIDENTIAL-TWO UNIT | $391,700 | 42 ft |
| 3221 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BRAD M SCHAEPPI | RESIDENTIAL-TWO UNIT | $354,200 | 83 ft |
| 3237 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JULIENNE M OTTO | RESIDENTIAL | $290,500 | 84 ft |
| 3217 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BRUCE DEWITT | APARTMENT | $521,000 | 125 ft |
| 3241 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S B DICKSON & M DICKSON | RESIDENTIAL | $319,000 | 125 ft |
| 3228 16TH AVE S MINNEAPOLIS MN 55407 | KRISTIN RAH BORGATTA | RESIDENTIAL | $289,000 | 136 ft |
| 3232 16TH AVE S MINNEAPOLIS MN 55407 | VARNTA SIRIMANOTHAY | RESIDENTIAL | $247,100 | 142 ft |
| 3224 16TH AVE S MINNEAPOLIS MN 55407 | MARY E CRIMI | RESIDENTIAL | $232,400 | 142 ft |
| 3236 16TH AVE S MINNEAPOLIS MN 55407 | STEPHANIE OLMSCHEID | RESIDENTIAL-TWO UNIT | $304,400 | 160 ft |
Most Recent Sale
Current Tax Year