ParcelLens
Property Intelligence · Twin Cities
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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.
2 permits on record since 2022 · $29K total declared value · Most recent: Oct 2023 (misc)
Hail Experts 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 2,645 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3028 ELLIOT AVE MINNEAPOLIS MN 55407 | SEGUNDO B DUCHI | RESIDENTIAL-TWO UNIT | $444,700 | 42 ft |
| 3036 ELLIOT AVE MINNEAPOLIS MN 55407 | JOSEPH J SCHULTE/JIAQI LI | RESIDENTIAL | $196,100 | 42 ft |
| 3024 ELLIOT AVE MINNEAPOLIS MN 55407 | MOONILAL RAGOONANAN TRUST | RESIDENTIAL-TWO UNIT | $276,100 | 84 ft |
| 3040 ELLIOT AVE MINNEAPOLIS MN 55407 | H F DANKE & M F DANKE | RESIDENTIAL | $315,200 | 84 ft |
| 3020 ELLIOT AVE MINNEAPOLIS MN 55407 | LAKE CHICAGO REAL ESTATE LLC | VACANT LAND-RESIDENTIAL | $2,600 | 123 ft |
| 3044 ELLIOT AVE MINNEAPOLIS MN 55407 | JAMES MIERNICKI | LOW INCOME RENTAL | $349,000 | 126 ft |
| 3033 CHICAGO AVE MINNEAPOLIS MN 55407 | A A P PAREDES/L J J PARADES | RESIDENTIAL-TWO UNIT | $351,400 | 137 ft |
| 3037 CHICAGO AVE MINNEAPOLIS MN 55407 | MOUNT OLIVE LUTHERAN CHURCH | LAND-COMMERCIAL | $0 | 142 ft |
| 3029 CHICAGO AVE MINNEAPOLIS MN 55407 | DANIEL J ALBRIGHT | RESIDENTIAL-TWO UNIT | $420,100 | 143 ft |
| 3025 CHICAGO AVE MINNEAPOLIS MN 55407 | G SILVA & F MARTINEZ | APARTMENT | $436,200 | 161 ft |
Current Tax Year