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.
7 permits on record since 2017 · $10K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 3-story wood frame (5–12 units) benchmarks for 4,628 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3215 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | HEIDI KIM | RESIDENTIAL-TWO UNIT | $328,700 | 55 ft |
| 3201 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $427,800 | 64 ft |
| 3217 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BRUCE DEWITT | APARTMENT | $521,000 | 98 ft |
| 3206 16TH AVE S MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $18,000 | 99 ft |
| 3221 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BRAD M SCHAEPPI | RESIDENTIAL-TWO UNIT | $354,200 | 140 ft |
| 3212 16TH AVE S MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $248,000 | 148 ft |
| 3200 16TH AVE S MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $426,200 | 149 ft |
| 3204 16TH AVE S MINNEAPOLIS MN 55407 | RACHEL N SAMPONG | RESIDENTIAL | $356,900 | 160 ft |
| 3216 16TH AVE S MINNEAPOLIS MN 55407 | RYNE ANDERSON/ELIZABETH EBOT | RESIDENTIAL | $331,500 | 168 ft |
| 3225 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | B R NOY & M SCHAFER | RESIDENTIAL-TWO UNIT | $363,200 | 181 ft |
Current Tax Year