Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
6 permits on record since 2021 · $36K total declared value · Most recent: Jul 2024 (addition)
DOUGLAS LOHMAN
LIBERTE CONSTRUCTION LLC
Wolf River Electric
Standard Heating and Air Conditioning Inc
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 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 3,089 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3020 11TH AVE S MINNEAPOLIS MN 55407 | SARAH FOURRE | RESIDENTIAL-TWO UNIT | $190,300 | 41 ft |
| 3026 11TH AVE S MINNEAPOLIS MN 55407 | MARY DOLAN | RESIDENTIAL-TWO UNIT | $294,400 | 45 ft |
| 3016 11TH AVE S MINNEAPOLIS MN 55407 | DIVISION OF INDIAN WORK | LAND-COMMERCIAL | $0 | 74 ft |
| 3030 11TH AVE S MINNEAPOLIS MN 55407 | ANGELA WILLSON | RESIDENTIAL | $292,500 | 85 ft |
| 3012 11TH AVE S MINNEAPOLIS MN 55407 | DIVISION OF INDIAN WORK | LAND-COMMERCIAL | $0 | 107 ft |
| 3036 11TH AVE S MINNEAPOLIS MN 55407 | JULIE JONG KOCH | RESIDENTIAL | $241,300 | 125 ft |
| 3021 10TH AVE S MINNEAPOLIS MN 55407 | MATTHEW J GUERTIN | RESIDENTIAL | $319,800 | 139 ft |
| 3017 10TH AVE S MINNEAPOLIS MN 55407 | NORA MURPHY | RESIDENTIAL-TWO UNIT | $305,300 | 148 ft |
| 3025 10TH AVE S MINNEAPOLIS MN 55407 | JAMES MIERNICKI | LOW INCOME RENTAL | $319,300 | 150 ft |
| 3040 11TH AVE S MINNEAPOLIS MN 55407 | ROBERT W ROHDE | RESIDENTIAL | $155,200 | 165 ft |
Most Recent Sale
Current Tax Year