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.
1 permit on record since 2026 · $3K total declared value · Most recent: May 2026 (misc)
J LEWIS BUILDING AND REMODELING LLC
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 sfr / adu benchmarks for 1,070 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 812 33RD ST E MINNEAPOLIS MN 55407 | ANGELA M TAKATA | RESIDENTIAL-TWO UNIT | $283,700 | 41 ft |
| 808 33RD ST E MINNEAPOLIS MN 55407 | A FERNANDEZ/TOMAS FERNANDEZ | RESIDENTIAL-TWO UNIT | $274,700 | 53 ft |
| 3240 ELLIOT AVE MINNEAPOLIS MN 55407 | KATERINA KOROLA | RESIDENTIAL | $320,700 | 70 ft |
| 814 33RD ST E MINNEAPOLIS MN 55407 | EDGAR GONZALEZ | RESIDENTIAL-TWO UNIT | $235,600 | 82 ft |
| 3238 ELLIOT AVE MINNEAPOLIS MN 55407 | STEVE MATTEK & WENN TOWNSEND | RESIDENTIAL-TWO UNIT | $335,500 | 105 ft |
| 3241 CHICAGO AVE MINNEAPOLIS MN 55407 | N T MENGLER & E BREDESON | RESIDENTIAL | $346,900 | 111 ft |
| 3247 CHICAGO AVE MINNEAPOLIS MN 55407 | JINNING QI & HONG ZHENG | RESIDENTIAL-TWO UNIT | $237,100 | 117 ft |
| 3245 CHICAGO AVE MINNEAPOLIS MN 55407 | CATHERINE J LAVERGNE | RESIDENTIAL-TWO UNIT | $295,500 | 117 ft |
| 3237 CHICAGO AVE MINNEAPOLIS MN 55407 | M C LAMBING & K E MCMASTERS | RESIDENTIAL-TWO UNIT | $387,900 | 136 ft |
| 3232 ELLIOT AVE MINNEAPOLIS MN 55407 | LISA SKELTON | RESIDENTIAL | $326,700 | 143 ft |
Most Recent Sale
Current Tax Year