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 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.
5 permits on record since 2020 · $24K total declared value · Most recent: Aug 2023 (remodel)
CENTAURI SYSTEMS LLC
4Front Energy Solutions Inc
CenterPoint Energy Resource Corp
Standard Heating and Air Conditioning Inc
PELLA NORTHLAND
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 2,623 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3220 10TH AVE S MINNEAPOLIS MN 55407 | DAVID & BARBARA TILSEN FM TR | RESIDENTIAL-TWO UNIT | $341,200 | 40 ft |
| 3228 10TH AVE S MINNEAPOLIS MN 55407 | M B FREEMAN & M A BERNHARDT | RESIDENTIAL-TWO UNIT | $305,100 | 40 ft |
| 3216 10TH AVE S MINNEAPOLIS MN 55407 | TERESA HICHENS-OLSON ET AL | RESIDENTIAL-TWO UNIT | $294,200 | 80 ft |
| 3232 10TH AVE S MINNEAPOLIS MN 55407 | MARY ADAM | RESIDENTIAL | $305,800 | 80 ft |
| 3212 10TH AVE S MINNEAPOLIS MN 55407 | C R ELLIS & G W ELLIS | RESIDENTIAL | $379,000 | 120 ft |
| 3236 10TH AVE S MINNEAPOLIS MN 55407 | MICHELLE M WIESE/KIM PICKENS | RESIDENTIAL | $431,000 | 120 ft |
| 3225 ELLIOT AVE MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 139 ft |
| 3229 ELLIOT AVE MINNEAPOLIS MN 55407 | DARIUS GRAY | RESIDENTIAL-TWO UNIT | $288,800 | 144 ft |
| 3221 ELLIOT AVE MINNEAPOLIS MN 55407 | K LOCONTO & T HARMON | RESIDENTIAL | $262,700 | 145 ft |
| 3208 10TH AVE S MINNEAPOLIS MN 55407 | J E DAVIDSON & J M MILLER | RESIDENTIAL | $418,700 | 160 ft |
Most Recent Sale
Current Tax Year