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.
3 permits on record since 2018 · Most recent: Feb 2022 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Hearth and Home Technologies 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 2,630 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3240 17TH AVE S MINNEAPOLIS MN 55407 | HAZEL WOLF AND KELLY WOLF | RESIDENTIAL | $305,000 | 42 ft |
| 3232 17TH AVE S MINNEAPOLIS MN 55407 | JASON L ROONEY | RESIDENTIAL | $262,700 | 42 ft |
| 3244 17TH AVE S MINNEAPOLIS MN 55407 | DAVID T OLSON | RESIDENTIAL-TWO UNIT | $355,100 | 84 ft |
| 3228 17TH AVE S MINNEAPOLIS MN 55407 | SCOTT WILLIAM CARLYON | RESIDENTIAL-TWO UNIT | $417,800 | 84 ft |
| 3248 17TH AVE S MINNEAPOLIS MN 55407 | LIAM TIERNEY & KELLY TIERNEY | RESIDENTIAL-TWO UNIT | $318,600 | 126 ft |
| 3224 17TH AVE S MINNEAPOLIS MN 55407 | ANNE SAWYER | RESIDENTIAL-TWO UNIT | $327,200 | 126 ft |
| 3237 16TH AVE S MINNEAPOLIS MN 55407 | C MCKINNON-HELLER/D A HELLER | RESIDENTIAL-TWO UNIT | $389,900 | 136 ft |
| 3233 16TH AVE S MINNEAPOLIS MN 55407 | HENRY GUIRACOCHA | RESIDENTIAL-TWO UNIT | $405,400 | 142 ft |
| 3229 16TH AVE S MINNEAPOLIS MN 55407 | KAITLIN ANNE HAWKINSON | RESIDENTIAL-TWO UNIT | $418,800 | 160 ft |
| 3220 17TH AVE S MINNEAPOLIS MN 55407 | ALL PRO SPORTS LLC | RESIDENTIAL-TWO UNIT | $323,100 | 168 ft |
Most Recent Sale
Current Tax Year