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.
4 permits on record since 2019 · $16K total declared value · Most recent: Mar 2024 (misc)
TORO CONSTRUCTION LLC
Amp's Future Inc
US Patio Systems Inc.
US Patio Systems 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
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 2,319 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3212 16TH AVE S MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $248,000 | 61 ft |
| 3206 16TH AVE S MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $18,000 | 61 ft |
| 3200 16TH AVE S MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $426,200 | 67 ft |
| 3216 16TH AVE S MINNEAPOLIS MN 55407 | RYNE ANDERSON/ELIZABETH EBOT | RESIDENTIAL | $331,500 | 102 ft |
| 3220 16TH AVE S MINNEAPOLIS MN 55407 | H LOVELACE & N GUROL | RESIDENTIAL-TWO UNIT | $474,600 | 143 ft |
| 1601 32ND ST E MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL | $323,000 | 150 ft |
| 3209 16TH AVE S MINNEAPOLIS MN 55407 | K WOODLING & M STAGNER | RESIDENTIAL | $321,900 | 160 ft |
| 3205 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $550,000 | 160 ft |
| 3205 16TH AVE S MINNEAPOLIS MN 55407 | MEGAN ELIZABETH BROWN | RESIDENTIAL | $388,100 | 162 ft |
| 3215 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | HEIDI KIM | RESIDENTIAL-TWO UNIT | $328,700 | 168 ft |
Most Recent Sale
Current Tax Year