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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
1 permit on record since 2022 · Most recent: Apr 2022 (res)
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
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 3,916 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3044 12TH AVE S MINNEAPOLIS MN 55407 | JENESIS H FONDER | RESIDENTIAL-TWO UNIT | $361,400 | 50 ft |
| 3040 12TH AVE S MINNEAPOLIS MN 55407 | MARY M PIERCE | RESIDENTIAL-TWO UNIT | $408,600 | 90 ft |
| 3036 12TH AVE S MINNEAPOLIS MN 55407 | ALVARO RIVERA | RESIDENTIAL | $258,900 | 130 ft |
| 1117 31ST ST E MINNEAPOLIS MN 55407 | ALEX PROPERTIES INC | APARTMENT | $546,000 | 132 ft |
| 1115 31ST ST E MINNEAPOLIS MN 55407 | J G JARA & J A JARA | APARTMENT | $452,000 | 134 ft |
| 3049 11TH AVE S MINNEAPOLIS MN 55407 | SHARON LEE SMITH | TRIPLEX | $326,800 | 135 ft |
| 3045 11TH AVE S MINNEAPOLIS MN 55407 | DIANE CULLUMBER | RESIDENTIAL-TWO UNIT | $376,000 | 144 ft |
| 3041 11TH AVE S MINNEAPOLIS MN 55407 | M K BROOKE & R D KINSELL | RESIDENTIAL | $199,700 | 163 ft |
| 3032 12TH AVE S MINNEAPOLIS MN 55407 | K K LENGLING & E N PORTER | RESIDENTIAL | $200,700 | 170 ft |
| 3101 11TH AVE S MINNEAPOLIS MN 55407 | NICOLE PAMELIA/DEREK FARDER | RESIDENTIAL | $328,200 | 174 ft |
Most Recent Sale
Current Tax Year