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.
7 permits on record since 2020 · $42K total declared value · Most recent: May 2023 (misc)
eRoof LLC
Minnesota Chimney Corporation Saxton Air Duct Cleaning
SODERLIN PLUMBING HEATING AND AIR
Standard Heating and Air Conditioning Inc
Safe Basements of MN
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 3,464 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3141 ELLIOT AVE MINNEAPOLIS MN 55407 | R P RAYFIELD & P J ARNOLD | RESIDENTIAL | $376,000 | 45 ft |
| 3153 ELLIOT AVE MINNEAPOLIS MN 55407 | RICHARD G TAYLOR | RESIDENTIAL-TWO UNIT | $375,900 | 50 ft |
| 3137 ELLIOT AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 85 ft |
| 3157 ELLIOT AVE MINNEAPOLIS MN 55407 | N M LUNDGREN & A J LUNDGREN | RESIDENTIAL | $349,500 | 105 ft |
| 3133 ELLIOT AVE MINNEAPOLIS MN 55407 | MARK L ANDERSON ETAL | RESIDENTIAL | $241,400 | 125 ft |
| 3144 10TH AVE S MINNEAPOLIS MN 55407 | S M SALFEN & K B DAVIS | RESIDENTIAL | $341,700 | 140 ft |
| 3148 10TH AVE S MINNEAPOLIS MN 55407 | WILLIAM R EMORY ET AL | RESIDENTIAL-TWO UNIT | $433,200 | 145 ft |
| 3140 10TH AVE S MINNEAPOLIS MN 55407 | MARGARET A ROZYCKI | TRIPLEX | $389,800 | 147 ft |
| 912 32ND ST E MINNEAPOLIS MN 55407 | J D WRATHALL & G V GUSTAV | RESIDENTIAL | $191,500 | 151 ft |
| 3152 10TH AVE S MINNEAPOLIS MN 55407 | CAROL HOGARD & EDWIN FELIEN | RESIDENTIAL | $409,100 | 160 ft |
Most Recent Sale
Current Tax Year