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 ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2009 · $143K total declared value · Most recent: May 2026 (existres)
Bruce Nelson Plumbing and Heating Service Inc
Timothy M Smallman
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
Lot dimensions are insufficient for the standard setbacks shown.
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 1,786 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3305 ELLIOT AVE MINNEAPOLIS MN 55407 | DALE LIVING TRUST | RESIDENTIAL-TWO UNIT | $247,800 | 37 ft |
| 3311 ELLIOT AVE MINNEAPOLIS MN 55407 | LAURINA NKOSI | APARTMENT | $385,000 | 77 ft |
| 3249 ELLIOT AVE MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $244,100 | 95 ft |
| 910 33RD ST E MINNEAPOLIS MN 55407 | JOYCELYN E SWANSON | RESIDENTIAL | $69,000 | 106 ft |
| 3315 ELLIOT AVE MINNEAPOLIS MN 55407 | LEWIS DEES & JENNIFER TILSEN | RESIDENTIAL-TWO UNIT | $293,000 | 116 ft |
| 3245 ELLIOT AVE MINNEAPOLIS MN 55407 | BRIAN R NUTTER/JADA L NUTTER | RESIDENTIAL | $424,000 | 131 ft |
| 3300 10TH AVE S MINNEAPOLIS MN 55407 | MADISON AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $271,800 | 140 ft |
| 3304 10TH AVE S MINNEAPOLIS MN 55407 | MARTA L KNUTSON | RESIDENTIAL | $312,500 | 145 ft |
| 3317 ELLIOT AVE MINNEAPOLIS MN 55407 | WAYNE V SWANSON | RESIDENTIAL-TWO UNIT | $243,500 | 156 ft |
| 3306 10TH AVE S MINNEAPOLIS MN 55407 | DOUGLAS SWEET | APARTMENT | $378,000 | 160 ft |
Most Recent Sale
Current Tax Year