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.
1 permit on record since 2022 · Most recent: Dec 2022 (res)
KB Service Co
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,259 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3247 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RODRIGUEZ HOMESTEAD TRUST | RESIDENTIAL-TWO UNIT | $360,700 | 43 ft |
| 3245 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $344,200 | 86 ft |
| 3301 BLOOMINGTON AVE S MINNEAPOLIS MN 55407 | S A SHANNON NEARY/A NEARY | TRIPLEX | $408,000 | 101 ft |
| 3241 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | S B DICKSON & M DICKSON | RESIDENTIAL | $319,000 | 127 ft |
| 3254 16TH AVE S MINNEAPOLIS MN 55407 | MOLINA INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $467,000 | 136 ft |
| 3305 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | SHAWNY M SENA | RESIDENTIAL | $267,100 | 141 ft |
| 3248 16TH AVE S MINNEAPOLIS MN 55407 | BRANDON LARSON | RESIDENTIAL-TWO UNIT | $403,000 | 143 ft |
| 1537 33RD ST E MINNEAPOLIS MN 55407 | C P PRICE & A RINDFLEISCH | RESIDENTIAL | $287,100 | 154 ft |
| 3244 16TH AVE S MINNEAPOLIS MN 55407 | R GIFFEY-BROHAUGH/J HILLIARD | TRIPLEX | $517,700 | 160 ft |
| 3237 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JULIENNE M OTTO | RESIDENTIAL | $290,500 | 169 ft |
Current Tax Year